US stocks rose on Monday, with the Dow up 0.7%, S&P 500 up 0.9%, and Nasdaq up over 1%. Earnings season is in focus, with Tesla, Intel, Netflix, and Coca-Cola reporting. Zions Bancorp’s results are eyed, following concerns over US credit quality. Trade war tensions have eased, with talks set to resume this week. President Trump hinted at softening tariffs on China.

Cleveland-Cliffs CEO announced plans to produce rare earths, sending stock soaring 17%. Rare earths have gained attention after China’s export control threats. Apple stock hit a record high on strong iPhone 17 sales. Sales in China nearly doubled iPhone 16. Stocks rose at the open, with gold futures climbing 2% and oil dropping 1.5%.

Beyond Meat stock surged 60% amid a possible short squeeze. The company is restructuring debt after heavy losses this year. Amazon Web Services outage disrupted major websites, including Robinhood and Coinbase. Gold prices dropped as US-China tensions eased. Tesla, Robinhood, and MP Materials were top premarket trending tickers.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq jump amid trade-war lull, with flurry of earnings on deck