Wall Street closed sharply lower on Friday as rising tensions between Iran and Israel spooked investors and drove oil prices up nearly 7%. Energy stocks gained, while tech and airline shares fell, signaling heightened market volatility.

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The well-known University of Pennsylvania economist Jeremy Siegel said the market reaction to Israel strike had been tellingly mild and would have been much worse a decade ago. "Iran is much weaker.

Bitcoin witnessed a dramatic fall, dropping below $103,000 as the news of Israel's airstrikes on Iran emerged ... tensions continued to drive market reactions globally, underscoring the ...

Israel unleashed airstrikes across Iran for a third day and threatened even greater force as some Iranian missiles evaded Israeli air defenses to strike buildings in the heart of the country