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

The Middle East conflict is impacting a wide range of sectors besides the obvious oil and defense names, as a surge in oil prices can affect consumer behavior in many ways.

Wall Street's main indexes fell on Friday after Israel's deadly strike on Iranian nuclear facilities inflamed tensions in the oil-rich Middle East and battered risk sentiment across global markets. Israel has warned that the widescale strikes were the start of a prolonged operation to prevent Tehran from building an atomic weapon.

Israel pressed on Saturday with its campaign against Iran’s nuclear sites and military leaders. Iran in turn has launched barrages of ballistic missiles and drones, with neither side showing any inclination to end the fighting despite international calls for de-escalation.