Premarket: Stocks rebound, oil and gold retreat on tempered Middle East fears

News Snapshot:

World stocks recovered some losses on Monday and bonds, oil and gold dipped as investors reversed some of their more defensive positions made going into the weekend on fears of a wider Middle East conflict. The week ahead is packed with corporate earnings, with 158 companies in the S&P 500 and 173 companies in the STOXX 600 reporting first quarter results this week according to data from LSEG workspace. These include several big European banks, as well as U.S. tech giants Microsoft and Alphabet, with the latter in particular focus after chip maker Nvidia’s 10-per-cent drop on Friday, its biggest...