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Monthly job report leads calendar

Non-farm payrolls are the main economic event on today's calendar.

Due at 8:30 a.m. ET, the report is expected to show that 205,000 jobs were added last month, up from August's 173,000 gain. Forecasters anticipate that the unemployment rate will remain at 5.1 percent. The report could have a big impact on sentiment and help shape expectations about when the Federal Reserve will raise interest rates.

August factory orders, a much-less-important headline, follows at 10 a.m. ET. Economists expect a 1 percent contraction following July's 0.4 percent gain.

Fed Vice Chair Stanley Fischer is scheduled to deliver a speech at 1:30 p.m. ET.

Next week's economic calendar is light, although corporate earnings begin to flow. The Institute for Supply Management's service-sector index at is the main event Monday.

Tuesday brings the trade balance, along with results from PepsiCo in the morning and Yum Brands in the afternoon.

Wednesday's agenda includes mortgage applications and crude-oil inventories. Monsanto and Constellation Brands announce earnings.

Thursday features same-store sales from select retailers, jobless claims, and minutes from the last Fed meeting. Alcoa reports in the afternoon.

Friday is quiet.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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