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flag U.S. stocks rose Monday as oil prices plummeted, easing stagflation fears and reversing earlier losses.

flag U.S. stocks reversed early losses to close higher Monday after oil prices tumbled from near $120 to below $90 per barrel, easing fears of stagflation. flag The S&P 500 rose 0.8%, the Dow gained 0.5%, and the Nasdaq climbed 1.4%, recovering from a morning plunge fueled by Middle East tensions, particularly threats to the Strait of Hormuz. flag President Trump’s comments suggesting the conflict with Iran was nearing resolution helped calm markets. flag While global indices like Japan’s Nikkei and South Korea’s Kospi initially fell sharply, Wall Street rebounded as investors anticipated increased oil supply. flag The 10-year Treasury yield dropped to 4.10%, reflecting reduced inflation concerns, though job cuts and geopolitical risks continue to weigh on sentiment.

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