NEW YORK — U.S. stocks are climbing with markets worldwide on Monday after oil prices and yields in the bond market gave back some of their jumps from last week.

The S&P 500 rose 0.6% and pulled back within 1.3% of its all-time high set last month. The Dow Jones Industrial Average was up 224 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.8% higher.

They got some help from the price for a barrel of Brent oil falling 3.1% to $100.62. While that’s still much higher than its roughly $72 price from earlier this summer, it’s down from the nearly $110 it touched last week.

Oil prices are swinging up and down as some crude from the Middle East is able to sail through the Strait of Hormuz, though nowhere close…