The U.S. jobs report will be the talk of the market today.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. The big jobs report
The U.S. government will post September jobs data at 8:30 a.m. ET, including the unemployment rate, payroll figures and earnings.
Economists forecast that the economy added 204,000 jobs in the month.
In August, the unemployement rate dropped to 5.1%. Economists predict the rate will remain level in September.
Aside from those numbers, it's important to look at wage growth. Economists expect wages increased by 2.3%, on average, over the last year. A 2.2% boost was reported last month, but this lagged behind the Federal Reserve's target.
The Fed is widely expected to raise interest rates later this year, but Fed members have been delaying a hike as they wait for the job market to show some real strength.