Markets Waver Amid Israel-Palestine Conflict, But Stocks Rise on Rate Hopes

Global stocks rose this week despite war in Israel, possibly due to falling bond yields and hints of slower interest rate hikes.

Oil and gas markets reacted nervously to the conflict, with Brent crude and European gas prices jumping sharply.

Safe haven gold saw its best week since March, aided by lower bond yields.

Israel's currency, the shekel, had its biggest weekly drop since February.

The cost of insuring Israeli debt spiked 80% this week, surging to the same level as India's despite Israel's higher credit rating.