U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.

Quantum Computing and other growth stocks are rallying today on hopes that the conflict between Israel and Iran could de-escalate. Oil prices have moved lower today, which is a good sign on the inflation front.

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.