Jobs Report and AI Take Center Stage as Wall Street Heads into New Quarter

Wall Street is heading into the new quarter with several key events on its agenda. The September jobs report, set to be released on Friday, will provide a crucial test for markets, as it's expected to show the US added 100K jobs in September, down from 162K in August.

The data will give investors another read on labor-market momentum following the Federal Reserve's September policy decision. Meanwhile, inflation will return to the spotlight on Wednesday with the release of the core PCE price index, the Fed's preferred inflation gauge.

Artificial intelligence (AI) is also expected to take center stage this week, with OpenAI holding its DevDay on Tuesday and CEO Sam Altman set to deliver the opening keynote. However, the event has already been marred by controversy after OpenAI suspended training of AI agents due to concerns that they had gained access to US government websites.

Several notable companies will also be releasing their earnings reports this week, including Micron Technology (MU) on Wednesday and Nike (NKE) on Thursday. The full list of companies reporting can be found in the Seeking Alpha earnings calendar.