Wall Street rises, and oil and gold slip as some of last week's moves unwind

U.S. stocks are rising as some of last week’s moves driven by worries about war in the Middle East unwind.

U.S. stocks are rising Monday as some of last week’s moves driven by worries about war in the Middle East unwind. The Standard & Poor's 500 was 0.5% higher in early trading. The Dow Jones industrial average was up 235 points, or 0.7%, as of 9:45 a.m. Eastern, and the Nasdaq composite was 0.4% higher. Treasury yields were climbing after falling last week on worries that fighting in Gaza will escalate. The price of gold also slipped as last week’s flight toward safer investments waned.

” Companies usually report bigger profits than analysts are forecasting, and this quarter may see them beat by double the usual margin, Ohsung Kwon & Savita Subramanian said in a BofA Global Research report. A remarkably resilient U.S. economy has continued to power along, despite much higher interest rates instituted by the Federal Reserve to undercut inflation. With employers still adding jobs and U.S.

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