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- US stocks fell on Monday after Hamas launched an attack against Israel over the weekend.
- Oil prices surged after the attack, with WTI crude oil jumping as much as 5% to $87 a barrel.
- Market volatility could surge if the conflict between Israel and Hamas leads to destabilization in the middle east.
The breakout of war between Israel and Hamas over the weekend led to a surge in market volatility on Monday, with stocks falling and oil prices spiking.