Intel INTC.O gained 1.3% after the chipmaker named Micron Technologies MU.O finance head David Zinsner as CFO and executive vice president from Jan. 17, while Micron declined 0.6%. Marko Kolanovic, chief global markets strategist at JPMorgan Chase & Co, called the recent pull-back in riskier assets "arguably overdone" and said it presented investors with a buying opportunity. Investors will eye key consumer inflation data on Wednesday, with the headline CPI expected to come in at a red-hot 7% on a year-on-year basis, adding to fears that it could sway the trajectory of the Fed's interest rate hikes.