"Middle East tensions fail to dampen stock market rally"

Stocks rallied on Monday as investors prepared for a busy week of corporate earnings and braced for heightened geopolitical tensions surrounding the Israel-Hamas conflict. The Dow Jones Industrial Average and the S&P 500 both gained over 1%, while the Nasdaq Composite increased more than 1%. Earnings reports from Goldman Sachs, Bank of America, Tesla, and Netflix are among the highlights this week. Investors are also closely monitoring the Middle East crisis and its potential impact on oil prices and global recession risks. In premarket trading, Rite Aid filed for bankruptcy, Lululemon surged ahead of joining the S&P 500, and Pfizer's shares fell after cutting its COVID vaccine sales forecast.