The ADP employment report on Wednesday, initial jobless claims on Thursday, and the September jobs report on Friday are on the docket this week.

Wall Street is about to flip the calendar to the fourth quarter of 2024. History shows that nine of the S&P 500's 11 sectors have typically risen in the fourth quarter of election years since 1992, "possibly due to the lifting of uncertainty once the election was over,

Beijing urged local companies to stay away from the company's chips, according to a report, while the country is promoting domestic chip makers.

Some investors are concerned Nvidia stock can't possibly go any higher. The evidence suggests those fears are unfounded.

While the stock has gained nearly 750% since the beginning of last year, it has charted a somewhat rocky course over the past few months. But Nvidia looks on track to keep growing sales of its high-end graphics processing units (GPUs) and remain the industry's dominant supplier.

Carnival stock was rising after the company reported earnings that beat analyst expectations. The cruise operator reported a profit of $1.27, beating forecasts for $1.17, on sales of $$7.9, ahead of expectations for $7.

China's $114 billion stimulus has some investors excited, but it's lacking support for the country's discouraged consumers.

The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.

Beijing's economic stimulus measures extended China's market rally into a second week, while Japan's choice of former Defense Minister Shigeru Ishiba as the country's next prime minister knocked down shares in Tokyo.