U.S. Secretary of State Rubio said the U.S. is negotiating with Iran.

Fed's Hammack says he is monitoring multiple inflation indicators.

In a CNBC interview on Monday, US President Trump said he 'doesn't care' whether talks with Iran end and that he 'really doesn't care' about reports Tehran stopped contact after Israeli military action in Lebanon. He said he will ask Israeli Prime Minister Netanyahu about the situation in Lebanon and that he is not worried about oil prices, saying they will 'drop like a stone' in the near term. Earlier, Iranian state media reported Tehran would halt negotiations and vowed to 'completely block' the Strait of Hormuz; that report had pushed oil sharply higher.