Dow soars more than 500 points as stocks jump amid easing Mideast conflict fears

• The Dow jumped more than 500 points on Monday as Middle Eastern conflict fears abated.
• Brent crude, the international benchmark, fell as much as 4% in intraday trade.
• Investors are also awaiting the Fed meeting this week, Apple earnings, and the monthly jobs report.

US stocks jumped on Monday while oil prices sank as investor anxiety over a broader Middle East conflict eased.

Israel’s ground assault of the Gaza Strip appeared more gradual than expected, sending Brent crude down as much as 4% in intraday trading.