Israel's surprise attack on Iran had an obvious goal of sharply disrupting Tehran's nuclear programme and lengthening the time it would need to develop an atomic weapon.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

Israel launched a wave of unprecedented strikes on Iran shortly before sunrise Friday morning, hitting key sites in the nation’s nuclear program.

Airspace was closed over Israel, Jordan, Iran and Iraq on Friday after Israel attacked Iran with a wave of airstrikes.

Bond yields climb, gold hits a record and this week in markets ends on a volatile note.