CNBC Daily Open: Vaguely reassuring Fedspeak

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Markets regain forward momentum
U.S. markets rose Monday, with the S&P 500 and Dow Jones Industrial Average notching fresh closing highs. The pan-European Stoxx 600 index rose 0.4%. Shares of German bank Commerzbank slid around 5.7% after German Chancellor Olaf Scholz criticized UniCredit's accumulation of Commerzbank shares as "hostile." 

Slow and deliberate
Minneapolis Federal Reserve President Neel Kashkari thinks the central bank will be more deliberate in loosening monetary policy after last week's supersized rate cut. "I think after 50 basis points, we're still in a net tight position," Kashkari told CNBC. "So I was comfortable taking a larger first step, and then as we go forward, I expect, on balance, we will probably take smaller steps unless the data changes materially."

New offer for Boeing workers
Amid a strike by Boeing workers, the company revised its contract offer, raising wages by 30% over four years, up from 25% it proposed earlier. Boeing reinstated annual bonuses and doubled a contract ratification bonus to $6,000 from $3,000. The labor union said Monday it is reviewing the offer.

Lackluster demand for lux
European luxury stocks tumbled Monday as Chinese consumers cut purchases of luxury goods, joining their American, European and Japanese counterparts. Luxury consumers globally are "all shopped out," said BofA Securities analysts. Shares of Prada dropped 4.74%, Kering fell 1.5% and Burberry lost 0.89%.

[PRO] Value stocks back in vogue?
Famed investor Bill Nygren said the S&P 500