A barrage of new readings on the strength of the U.S. economy begins Tuesday.
Stock futures wavered ahead of today’s consumer-confidence and job-openings data. Later this week, investors will eye the Federal Reserve’s preferred gauge of inflation—the personal-consumption expenditures price index—and the August employment report.
Fed Chair Jerome Powell last Friday left the door open to another interest rate rise this year if the economy doesn’t slow enough to keep inflation declining.
Chinese stock indexes rose again after China’s government on Sunday cut a tax on trading and said it would take more steps to revive its sagging capital markets.
Other Asian and European indexes mostly posted gains Tuesday.
Shares of Hawaiian Electric rose 7% in premarket trading, extending gains after it pushed back against claims its power lines caused the deadly Lahaina wildfire.
Computer manufacturer HP will report earnings after markets close Tuesday.
The benchmark U.S. 10-year Treasury yield edged below 4.2%.
Europe’s benchmark natural-gas index fell 4%, even after workers at two Australian natural-gas operations run by Chevron set a date for stoppages.