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%.

HYDERABAD, India (AP) – Hyderabad Sunrisers fast bowlers Praful Hinge and Sakib Hussain made dream debuts as they gave Rajasthan Royals their first defeat in the Indian Premier League on Monday.

A dangerous super typhoon in the Pacific Ocean is barreling toward a group of remote U.S. islands.  Super Typhoon Sinlaku is expected to make landfall Tuesday in the Northern Mariana Islands and bring destructive winds, widespread heavy rain and flooding, the National Weather Service said Monday.

NEW DELHI (AP) – India is working on removing tax hurdles to ease Formula 1’s return, Sports Minister Mansukh Mandaviya said on Monday. Taxes plagued the series’ term in India from 2011-13. “It will take another six months to work out the modalities,” Mandaviya said.

WASHINGTON (AP) – In 2011, President Barack Obama declared it was time for America to leave behind the wars in Iraq and Afghanistan and “pivot” to Asia to counter the rise of China.

WASHINGTON (AP) – The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in the Middle East, driving up the cost of gasoline, diesel and jet fuel and threatening a return to stagflation – the toxic mix of higher prices and slower growth.

BANGKOK (AP) – China said Sunday it would resume some ties it had suspended with Taiwan such as direct flights and imports of Taiwanese aquaculture products following a visit by the Beijing-friendly opposition leader of the self-ruled island.

MUMBAI, India (AP) – Half-centuries from Virat Kohli, Phil Salt and Rajat Patidar set up an 18-run victory for Royal Challengers Bengaluru over host Mumbai Indians on Sunday in the Indian Premier League.