Stock Market Update

[BRIEFING.COM] Stocks have stabilized after some gyrations driven by Fed Chair Powell's policy remarks. The indices are still in negative territory, but are showing only modest losses on this last day of a third quarter that has been accented with healthy gains.

Tomorrow's session will be steered by some economic news, namely the September ISM Manufacturing PMI (Briefing.com consensus 47.7%; prior 47.2%) and the August JOLTS-Job Openings Report (prior 7.673M).

The PMI will provide a glimpse of manufacturing activity on a national level, but it will also include an employment index that will be closely watched. The JOLTS report will shed some added light on labor market conditions, which have become the Fed's primary policy guidepost.