Overview

• Congress faces a Tuesday funding deadline, and without a deal parts of the government would close Wednesday, potentially postponing the September payrolls release and other economic data.
• Economists expect roughly 50,000 jobs added in September with unemployment near 4.3%, pointing to continued cooling in labor demand.
• Global equities inched higher as the dollar slipped and gold set fresh highs, with investors pricing uncertainty and the possibility of additional Fed rate cuts this year.
• A busy slate of Fed speakers, including John Williams, Philip Jefferson, Beth Hammack, Raphael Bostic and Christopher Waller, will offer guidance as policymakers approach the Oct. 29 meeting with the risk of reduced official visibility.
• New U.S. tariffs on heavy trucks, certain pharmaceutical drugs and home furnishings take effect Oct. 1, and a Supreme Court filing seeking authority to remove Fed Governor Lisa Cook introduced an unusual test of central‑bank independence.