Traders are waiting for the latest monthly U.S. jobs report.

Posted on October 4, 2019

The August jobs report showed that nonfarm payrolls increased by 130,000, with the unemployment rate at 3.7% and average hourly wages up 0.4%.

“Nonfarm payrolls likely increased by 135,000 in September, after growing by 130,000 in August. Initial jobless claims remained very low (at 208,000) in the week of the jobs report survey, suggesting job gains were sufficient to prevent unemployment from rising, Investors will also be watching speeches by Federal Reserve officials later in the day.