As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply interruptions.

NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on 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.

Dow, S&P 500 and Nasdaq set for opening gains after Friday's 770-point blue-chip fall; Oil extends gain as gold slips. Follow along to the action on Monday aft

The MoneyShow Chart of the Day shows the performance of the Energy Select Sector SPDR Fund (XLE) over the past 12 months. We could have a serious trend reversal underway. Read more

By Wayne Cole SYDNEY (Reuters) -Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.

Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.

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