Stocks soar as markets observe earnings season, shake Brexit turmoil

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Stocks rose on Monday as political chaos prevailed in the United Kingdom and global trade tensions took hold over the earnings season. The Dow Jones Industrial Average rebounded by more than 300 points, driven by bank stocks. The dollar and Treasury yields climbed

Here is the scoreboard:

Dow Jones Industrial Average: 24,777.17 +320.69 (+ 1.31%)

S & P 500: 2.783.50 +23.68 (+ 0.86%)

1. The Brexit fights disorganized the British government. Three members of Prime Minister Theresa May's cabinet – Boris Johnson, David Davis and Steve Baker – resigned over the last day during negotiations on how to go forward with the controversial plan to leave the European Union. May insisted on maintaining some links with the EU that Brexit supporters consider to be backlogged.
2. The economic impact of President Donald Trump's mbadive fiscal reshuffle may not be up to expectations, according to Fed officials. Many badysts are "overly optimistic" about the $ 1.5 trillion tax law pbaded last year, economists at the San Francisco Federal Reserve said in a new report. Brent, the international benchmark, jumped 1.2% to 78.23 dollars a barrel.
3. An exclusive conference for technology and media tycoons begins Wednesday in Sun Valley, Idaho. Attendees expected from the annual event, hosted by investment firm Allen & Co., include Jeff Bezos of Amazon, Rupert Murdoch of 21st Century Fox and Mark Zuckerberg of Facebook [19659011] And a look at the upcoming economic calendar:
   • Trump announces an Appointment to the Supreme Court to fill the post left by incumbent judge Anthony Kennedy.
   • NATO leaders travel to Brussels for their annual summit
   • GDP, manufacturing and trade figures are published in the United Kingdom. the thread in Germany.