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Wall Street recovers from Friday's shock as US stocks rally and oil prices ease
Consumer Watch
AP

Wall Street recovers from Friday's shock as US stocks rally and oil prices ease

  • By STAN CHOE - AP Business Writer
  • Updated

Calm is returning to Wall Street. U.S. stocks are rallying Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week. The S&P 500 climbed 1% and was on track to reclaim nearly all of its drop from Friday. The Dow Jones Industrial Average added 361 points, and the Nasdaq composite rose 1.4%. They joined a worldwide rise for stock prices, stretching from Asia to Europe. The price for a barrel of benchmark U.S. oil fell by about 2%, while gold's price eased.

Israeli strikes kill 52 in Gaza including 36 in a school-turned-shelter, medics say
News
AP

Israeli strikes kill 52 in Gaza including 36 in a school-turned-shelter, medics say

  • By WAFAA SHURAFA and SAMY MAGDY - Associated Press
  • Updated

Israeli strikes have killed at least 52 people in the Gaza Strip, including 36 in a school-turned-shelter that was struck as people slept, setting their belongings ablaze. That's according to local health officials. The military said it targeted militants operating from the school. The strike on the school in the Daraj neighborhood of Gaza City also wounded dozens of people. Among the dead are a father and his five children. A separate strike on a home in northern Gaza killed 16 members of the same family. Israeli ultranationalists meanwhile broke into the east Jerusalem compound of the U.N. agency for Palestinian refugees.