News Summary

• U.S. stock indexes hit new records on Monday ahead of a likely Federal Reserve interest rate cut.
• Gold's retreat deepened - extending back below $4,000 per ounce and now down more than 10% from this month's peak.
• Five of the "Magnificent Seven" tech megacaps report this week - with a combined market cap that's a quarter of the S&P 500.
• The United States and China appear to have hammered outthe framework of a trade deal in advance of Presidents DonaldTrump and Xi Jinping's meeting this week.