Market reaction to Israel's attacks on Iranian nuclear sites sends oil and gold prices jumping while the Dow, S&P 500 and Nasdaq sink as investors abandon riskier assets.

U.S. oil benchmark prices climbed roughly 7% to about $73 a barrel, the highest level since early April. U.S. government borrowing costs climbed. Tech stocks like Nvidia and Tesla moved lower, while shares in oil and defense-industry firms like Chevron, Lockheed Martin, and Palantir traded up.