Wall Street pulled off a strong rebound on Monday, despite rising oil prices. The Dow managed to turn around its steep premarket losses to finish the day with a triple-digit gain, while the Nasdaq and S&P 500 turned in respectable wins as well. Globally, the war between Israel and Hamas remains in focus.

OIL FUTURES SOAR AFTER HAMAS ATTACK

Oil futures closed at their highest mark in nearly a week, after the Israeli-Hamas war stoked anxieties about crude supply disruptions in the Middle East. For the session, crude for November delivery added $3.59, or 4.3%, to settle at $86.38 per barrel.

Gold prices rose for the second day, with December-dated gold gaining $19.10 to settle at $1,864.30 an ounce.  

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