Bonds & Stocks
A rally in giant chipmakers buoyed the stock market as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings. The S&P 500 rose 0.5%. The yield on 10-year Treasuries advanced three basis points to 5.10%.
Economy
Oil retreated from a five-month high, as traders booked profits after a blistering rally fueled by a flareup in fighting across the Middle East. Brent traded near $108 a barrel after jumping almost 4% on Friday, when traders were protecting against the risk of weekend escalations with attacks continuing in key Middle East oil exporters like Saudi Arabia.
World
Ukrainian President Volodymyr Zelenskyy accused Donald Trump of trying to pressure Kyiv into surrendering to Russia, escalating a week long row with the US president.