U.S. airlines have struggled with weakness in the domestic market, facing a mismatch between capacity and demand that is casting a shadow over the second half of the year.
Strategists at BofA Global Research suggest there is no evidence to support the argument that disinflation could be a headwind to the financial health of American companies.
Gold futures inched closer to fresh record highs on Monday, as the assassination attempt on former president Donald Trump raised political uncertainty, boosting safe-haven demand for the precious metal.
Federal Reserve Chair Jerome Powell on Monday said he would not signal at what meeting the central bank might make the first cut to its benchmark interest rate.