U.S. stocks are rising as some of last week’s moves driven by worries about war in the Middle East unwind. The S&P 500 was 1% higher Monday. The Dow rose 294 points, and the Nasdaq composite was 12% higher. Treasury yields were rising after tumbling last week on worries that fighting in Gaza will escalate. Crude oil prices slipped, and gold also fell as last week’s flight toward safer investments waned. More than 50 companies in the S&P 500 will report their earnings for the summer this week, and expectations are rising that this season may mark a return to growth.
