Stocks Rebound Despite Israel-Gaza Conflict; Defense and Oil Rally

The Dow, S&P 500, and Nasdaq all closed higher despite early losses due to Israeli-Gaza tensions.

Defense stocks like Lockheed Martin and Northrop Grumman surged on the conflict. Oil prices also rose.

Gold prices increased by 0.74% to $1,861.53 due to investors seeking safe havens.

The US dollar index ticked up slightly while the euro declined 0.22%.

Gasoline prices have fallen $0.11 per gallon recently according to GasBuddy, though oil still rallied.