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Markets Brace for September Jobs Test With Fed Signals, Shutdown Risk and Big Earnings

Unemployment worries after the Fed’s recent rate cut put Friday’s labor reading in sharp focus.

Overview

  • Friday’s September employment report is viewed as the decisive read on labor strength after August added just 22,000 jobs and joblessness ticked higher.
  • Lawmakers face a Tuesday night funding deadline, and a lapse could delay publication of key economic data, including labor figures.
  • Fed officials including John Williams and Beth Hammack are slated to speak this week, shaping expectations for any further easing.
  • Nike reports Tuesday as investors assess CEO Elliott Hill’s turnaround efforts, with Carnival due Monday and Conagra on Wednesday.
  • Tesla’s third‑quarter delivery tally is expected Thursday, with some analysts anticipating an upside boost from buyers seeking expiring EV tax credits.