Oil prices have jumped more than 4 percent, the US dollar edged up against the euro and global stock indexes eased asIsrael's shekel weakened sharply. The dollar was last up 3 percent at 3.950 shekels.
Israel on Monday said its troops had killed armed infiltrators entering the country from Lebanon, raising concern the conflict could widen to a second front, two days after Hamas gunmen burst in from Gaza on a deadly operation. The Dow Jones Industrial Average fell 13.86 points, or 0.04 percent, to 33,393.72, the S&P 500 lost 6.7 points, or 0.16 percent, to 4,301.8 and the Nasdaq Composite dropped 75.65 points, or 0.56 percent, to 13,355.69.