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Israel-Hamas Conflict Raises Security Concerns and Volatility in Markets

Overview

  • Airlines halt Israel flights due to threats to airport amidst attacks from Gaza.
  • Bank earnings season continues, though Wall Street remains nervous despite prior positive results.
  • Defense contractors benefit from retaliation strikes as Israel declares war on Hamas.
  • Inverted yield curve signals poor economic prospects and volatility for stocks.
  • Oil prices surge on supply concerns following attack on Israel by Hamas militants.