Stocks recover more of last week's losses as oil prices swing lower

U.S. stocks rallied on Monday, recouping more of last week’s losses as oil prices swung lower. The S&P 500 rose 2.4%, the Dow Jones added 1,144 points (2.2%), and the Nasdaq gained 2.6% by 2:01 p.m. Eastern, keeping the index on track for a second straight day of gains. Brent crude fell 4.7% to $93.73 a barrel, easing pressure tied to uncertainty over the Iran war. Airline United jumped 5.9% and Carnival rose 4%. Nvidia fell 5.4% even as chip-linked names broadly rebounded. Constellation Energy surged 10.3% after topping profit and revenue forecasts.