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Oil, gold jump on Middle East conflict; US stocks end higher
Oil prices jumped more than 4%, gold gained and the safe-haven U.S. dollar edged up against the euro on Monday as military clashes between Israel and the Palestinian Islamist group Hamas fueled worries that the conflict could spread beyond Gaza.
U.S. stocks ended higher, with energy shares rising along with oil prices. The S&P 500 energy index (.SPNY) ended up 3.5%.
Israel's shekel weakened sharply. The dollar was up about 3% at 3.955 shekels . $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
U.S. stocks ended higher, with energy shares rising along with oil prices. The S&P 500 energy index (.SPNY) ended up 3.5%.
Israel's shekel weakened sharply. The dollar was up about 3% at 3.955 shekels . $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
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