U.S. Securities and Exchange Commission proposes allowing closed-end funds to offer shareholders monthly repurchase opportunities at net asset value (NAV).

Gold extended its rebound as markets priced in progress in U.S.-Iran talks; Iran has proposed a conditional, seven-day restart of traffic through the Strait of Hormuz, with remaining disagreements centered on sequencing rather than plan details. Fed official Williams said he is not in a hurry to act after a September rate hike but could raise again if the economy meets expectations, prompting a dovish reassessment that cut the market-implied probability of an October hike to about 45% from roughly 70%. Near-term focus remains on U.S.-Iran negotiations, Fed policy signals and a heavy U.S. data slate this week: ADP employment, the PCE price index, ISM manufacturing PMI, initial jobless claims and Friday's nonfarm payrolls.

Israel Airports Authority says it currently has no plans to investigate an incident involving a Dubai airline flight.