US Market LIVE Updates : Oil prices and defense stocks climb after Israel declares war on HamasOil prices are climbing, and stocks are slipping Monday as violence in the Middle East injects more unease into financial markets.
The S&P 500 was 0.5% lower in its first trading since Hamas launched a surprise attack over the weekend against Israel, which then formally declared war.
The Dow Jones Industrial Average was down 137 points, or 0.4%, as of 10:50 a.m. Eastern time, and the Nasdaq composite was 0.9% lower, reported Ollren .
