AP Business Writer
BEIJING (AP) — Asian stocks were mixed Friday and oil prices surged after an Iranian general was killed by U.S. forces in Iraq.
Benchmarks in Shanghai and Hong Kong declined. Australia and some Southeast Asian markets advanced. Japanese markets were closed.
News that Gen. Qassem Soleimani, head of Iran's elite Quds Force, was killed in an air attack at the Baghdad international airport prompted expectations of Iranian retaliation against U.S. and Israeli targets.
"A big fat dollop of geopolitical uncertainty has landed on investors desks," said Jeffrey Halley of Oanda in a report.
Overnight, Wall Street rose to new records, boosted by technology stocks.
Investors were encouraged by expectations of stronger global economic growth in 2020 and the pla