Highlights

The Institute for Supply Management's purchasing managers report on manufacturing is the main event on the US macroeconomic calendar for Thursday. The Econoday consensus looks for the ISM index to edge up to 54.8 in September from 54.6 in August. The report is due at 10 am ET.

Also on the calendar: weekly jobless claims at 8:30 am ET with the consensus calling for a 200,000 figure, up from 197,000 in the previous week.

The stream of Federal Reserve speakers this week continues, starting with Fed Governor Chris Waller talking about economic data at 10 am ET and continuing with Fed Governor Philip Jefferson on the economy and monetary policy at 1:30 pm ET, followed by more speakers later in the day.

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