Stock markets climb worldwide after oil prices and bond yields give back some of last week's jumps

Global stock markets rose on Monday after oil prices and Treasury yields gave back part of last week’s gains. In the U.S., the S&P 500 was up 0.6% and was within 1.3% of its all-time high set last month. The Dow gained 224 points (0.4%) and the Nasdaq added 0.8% by 9:35 a.m. Eastern. Brent crude fell 3.1% to $100.62 a barrel, easing pressure from higher borrowing costs. The yield on the 10-year Treasury slipped to 4.96% from 5.01% late Friday, after briefly crossing 5%.