NEW YORK (AP) - U.S. stocks climbed as hope remains on Wall Street that the global economy can still avoid a worst-case scenario because of the U.S.-Iran war. The S&P 500 rallied 1% Monday and is back to within 1.3% of its record. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite rose 1.2%.

YEREVAN, Armenia (AP) – A prominent cleric in Armenia was sentenced to two years in prison on Friday after being found guilty of calling for an overthrow of the government.

HONG KONG (AP) – China is poised to benefit from the Iran war as global energy disruptions accelerate a shift away from fossil fuels and toward clean technologies and renewable power, industries that China dominates, experts say.

UNITED NATIONS (AP) – Regardless of political perspective, no one could argue that the presidency of Donald Trump – and his second term so far in particular – has been anything less than consequential, not only for the United States but for the world.

NEW YORK (AP) – For decades, presidents avoided even the appearance of profiting from their office. Harry Truman refused to lend his name to any business, even in retirement. Richard Nixon so feared a brother might profit off their ties, he had his phone tapped.

YEREVAN, Armenia (AP) – Residents and politicians in Armenia and Azerbaijan responded Saturday with cautious hope – and skepticism in some cases – after their leaders signed a U.S.-brokered agreement at the White House aimed at ending decades of hostilities.

Excerpts from recent editorials in the United States and abroad:

WASHINGTON (AP) – President Donald Trump will convene a peace summit at the White House on Friday with the leaders of Armenia and Azerbaijan that is meant to help end decades of conflict and reopen key transportation routes while allowing the U.S. to seize on Russia’s declining influence in the region.