Stocks Fall as Geopolitical Tensions Flare, Investors Seek Safety in Oil, Gold

S&P 500, Dow and Nasdaq 100 futures all fell in early Monday trading amid geopolitical tensions between Israel and Hamas.

Oil prices jumped nearly 4% on concerns about potential supply disruptions, while traders moved into havens like gold, the dollar and bonds.

Markets reacted positively to Friday's jobs report, seeing it as not hot enough to alter the Fed's path.

Key data like CPI and earnings from big banks arrive this week, turning focus back to monetary policy and profits.

Analysts have grown less confident in corporate profitability prospects, with S&P 500 earnings seen declining year-over-year.