Futures down as Middle East conflict sparks run for safe-haven assets
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid
Israel has acknowledged that the battle was taking longer than expected, more than two days after the militants burst across the fence from Gaza on a deadly rampage. "The scale of the attack and loss of lives imply that the response is likely to last for a few months, potentially till year-end," said Mohit Kumar, chief economist Europe at Jefferies.had posted weekly gains on Friday as mixed jobs reports kept investors on edge around the Federal Reserve's interest rate outlook.
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