Stock market today: Live updates

Traders on the floor of the New York Stock Exchange.

Ted Shaffrey | AP

Stock futures were little changed on Monday night.

Futures tied to the S&P 500 added 0.02%, while Nasdaq 100 futures gained 0.04%. Dow Jones Industrial Average futures oscillated around the flat line.

Stocks kicked off October trading after lawmakers in Washington arrived at a short-term agreement over the weekend that headed off a government shutdown. The 30-stock Dow closed lower by 74.15 points, or 0.2%, while the S&P 500 inched higher by 0.01%. The Nasdaq Composite added 0.67%, rising for the fourth day in a row.

Wall Street is also contending with rising bond yields, with the 10-year Treasury yield topping 4.7% at one point Monday — its highest level since October 2007.

Investors are hoping to turn the page on a disappointing September for stocks. All three major indexes closed the month and the third quarter lower. The S&P 500 alone lost nearly 5% in September.

That means key economic reports — such as last month’s payroll reports, due Friday — and the kick off of earnings reporting season next week are back in focus.

“Investors expect a solid upcoming earnings season, but we believe expectations are too optimistic for the balance of 2023 and 2024,” said Richard Saperstein, chief investment officer at Treasury Partners.

“The most immediate risk to stocks is if companies are meaningfully affected by the economic slowing that is occurring from higher interest rates, which is a prominent risk that the market is ignoring right now,” he added.

On the economic data front, investors will be watching the Job Openings and Labor Turnover Survey for August, due Tuesday morning. Economists polled by Dow Jones anticipate 8.8 million job openings.

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