Tel Aviv stocks erased morning losses and moved nearly 1% higher on Sunday in the first trading session since the start of a wave of missile strikes between Israel and Iran on Friday, as Israel and its economy attempt to remain as open as possible.

Missiles and projectiles were seen in the skies over Jerusalem and Tel Aviv early on Sunday as Tehran unleashed a fresh attack on Israel which in turn launched an expanded assault on Iran.

At least three people were killed and scores were wounded during an aerial battle over Tel Aviv, as Iranian missiles rained down and Israeli rockets attempted to intercept them.

Sirens sounded in Israel as Iran launched dozens of ballistic missiles in retaliation for Israel's strikes on its nuclear facilities.

Daylight on Sunday revealed the massive destruction caused by Iranian missiles in the Israeli city of Bat Yam, near Tel Aviv. Destroyed buildings and ruined cars littered the streets.

Tehran unleashed a fresh barrage of missiles, Sunday, resulting in the deaths of four people in Israel. Buildings and cars were severely damaged in the Tel Aviv area.

Fox News reporter Trey Yingst was standing on a balcony as short-range missiles behind him appeared to come closer before being intercepted by Israel's Iron Dome defense system. The footage of the incident preceded a night in which Israel and Iran traded fire, with explosions heard in Tel Aviv, Jerusalem and Tehran.

Israel’s Iron Dome, once hailed as impenetrable, is now struggling against a new breed of Iranian missiles. In this explosive breakdown, we reveal how Iran’s Emad, Ghadr, and Kheibar Shekan ballistic missiles are piercing Israel’s defenses,

Onlookers gathered on Saturday at a central Tel Aviv residential building next door to Israel’s defense headquarters that was damaged after it took a hit from what appeared to be shrapnel from an overnight missile barrage from Iran.

Iran launched missiles at Israel. Israeli defense systems are active, and leaders warn of an escalating conflict.