U.S. stocks started negatively on Monday due to the fallout from political actions between the U.S. and Iran last week, although 'escalation trades' like oil, bonds, gold, and defense stocks started on a high note today. But the major losses did not last long, for investors shook off their initial trading fears and ended the market in positive territory.

Here's how the stock market settled Monday:

S&P 500 Index (SPY  ): +0.35% or +11.45 points

Dow Jones Industrial Average (DIA  ): +0.02% or +6.60 points

Nasdaq Composite Index (QQQ  ): +0.33% or +29.65 points

On Sunday, Iran announced that the country will no longer abide by any parts of the 2015 JCPOA or Iran nuclear deal. This move is a direct consequence of the surprise U.S. assassination of Iranian leaser Qassem Soleimani. In addition, the Iraqi parliament voted to expel the thousands of U.S. service members currently stationed in the country. President Donald Trump said that if the U.S. were force to leave Iraq, it would not be on friendly terms.

Although geopolitical conflict in the Middle East did not cool down over the weekend, analysts from Goldman Sachs (GS  ) predict that the crude oil prices that have been lifted by the U.S.-Iran tensions are not likely to rise much more. The firm stated that an actual disruption to global crude supplies is needed to keep prices at their current high levels and cited the September oilfield attacks as proof that the market has significant supply flexibility.

In Stock Sectors, most of the 11 sectors traded positively Monday. Those that had share increases include Communication Services +1.22%, Energy +0.78%, Health Care +0.59%, Consumer Discretionary +0.37%, Information Technology +0.29%, Utilities +0.25%, Consumer Staples +0.24% and Real Estate +0.08%. The other sectors that had share decline on Monday include Materials -0.45%, Financials -0.06% and Industrials -0.03%.

Lastly, in Commodity and Currency News, crude oil prices took a short dive today with West Texas Intermediate (USO  ) falling over -0.30% and Brent Crude (BNO  ) declining above -0.40%. Gold (GLD  ) had its highest price in seven years, though the metal declined in later trading. The metal's price fell over -0.2% Monday. Finally, the U.S. Dollar continues to weaken in current political climates, with the DXY Index dropping over -0.2%.