Stocks jumped Monday as traders awaited a deluge of corporate earnings reports and shrugged off a rise in Treasury yields.

The Dow Jones Industrial Average traded 391 points higher, or 1.2%. The S&P 500 and Nasdaq Composite each climbed 1.2%.

Nike, Intel and Travelers led the Dow higher in Monday’s session with advances of more than 2% each. All 11 S&P 500 sectors traded higher in the session.

Earnings season heats up this week with 11% of the S&P 500 slated to report results. Some notable names on deck this week include Johnson & Johnson, Bank of America, Netflix and Tesla.

Those results follow a solid start to the reporting period. Brokerage Charles Schwab rallied more than 4% on Monday after surpassing Wall Street expectations for earnings per share in the third quarter. JPMorgan Chase, Wells Fargo and UnitedHealth rose Friday after posting their latest quarterly results.

Some on Wall Street are bracing for more volatility into year end as yields and oil prices rise, inflation remains sticky, and conflict ensues in the Middle East. But a focus on earnings and what the Federal Reserve will do with interest rates can give investors optimism in the short term, according to Barclays analyst Ajay Rajadhyaksha.

“We expect bonds/equities to range-trade near term,” Rajadhyaksha said in a note to clients Monday. “Bond volatility and Middle East tensions are a drag on risky assets, but should be offset by earnings and dovish Fedspeak.”

Over the weekend, Israel’s military continued urging residents to evacuate northern Gaza amid a widely anticipated ground invasion. Meanwhile, U.S. Senate Majority Leader Chuck Schumer, D-N.Y., said Sunday that the Senate would work to quickly push through a military aid package to assist Israel as it battles Hamas.

The 10-year U.S. Treasury yield rose nearly 7 basis points to 4.698% on Monday, while oil prices slipped as investors parsed the latest updates out of the war.

Stocks are coming off a mixed week. The S&P 500 advanced 0.5% for its second consecutive positive week, while the Dow Jones Industrial Average gained 0.8%. The Nasdaq Composite lost about 0.2% for the week.

“Last week was clearly a shock reaction to the geopolitical surprise,” said Aoifinn Devitt, CIO of Moneta Group. “We’re normalizing the turmoil, the conflict, and factoring it in, and then we’re kind of getting back to fundamentals.”