Two weeks have passed since Oct. 7 when the Hamas attacks marked the beginning of the conflict with Israel. Here are the latest developments:
Market Reactions: Shekel Falls, Gold Eyes 2,000, Treasuries See Buyers
The Israeli shekel experienced a 0.4% decline, reaching 4.05 per U.S. dollar on Friday, marking a cumulative drop of more than 5% since the commencement of the conflict.
Israeli stocks, as tracked by the iShares MSCI Israel ETF (NYSE:EIS), witnessed a 1.8% decrease.
Gold, as measured by the SPDR Gold Trust (NYSE:GLD), continued its positive trend, trading at $1,975 per ounce, just 1.3% below the significant $2,000 per ounce threshold.
European stocks, particularly Germany’s DAX Index, which is tracked by the iShares MSCI Germany ETF (NYSE:EWG), were nearly 1% down.
Treasuries rose as bond yields fell.
Futures on the S&P 500 index were down by 0.5% one hour ahead of the opening of Wall Street.
Photo: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
