Stocks indexes fall, bonds gain as Ukraine, Gaza worries grow

NEW YORK (Reuters) - Major global stock markets fell and bond prices rallied on Monday as worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.

The safe-haven yen also inched up and gold prices rose above $1,300 an ounce as the market focused on increased turmoil in the Middle East and tensions following last week's downing of a Malaysian jetliner over Ukraine.

Israeli jets, tanks and artillery continued to pound Gaza as the death toll from a two-week conflict topped 500. Reports that Ukrainian forces were moving into the eastern city of Donetsk added to concerns that the conflict in one of Europe's biggest countries may escalate.