Markets Drop as Israel-Gaza Conflict Stirs Volatility

VIX volatility index reached highest level since March as Israel-Gaza conflict escalated risk sentiment

U.S. detected missiles fired from Yemen toward Israel; issued travel warning amid tensions

Bond yields rose and TLT ETF closed 2% lower after hawkish rate hike comments from Fed's Powell

Equity markets dropped, with SPY down 0.9%, QQQ down 1%, and IWM down 1.6%

GLD ETF gained 1.2% as gold acted as safe haven amid market volatility