US stocks closed lower on Monday, with the Nasdaq Composite falling over 100 points while in decline NVIDIA Corporation NVDA and Advanced Micro Devices, Inc. AMD shares.

Let’s take a look at the major economic events scheduled for today.

  • The September NFIB Small Business Optimism Index is scheduled for release at 6:00 am ET. The Small Business Optimism Index is expected to decline slightly to 91.5 in September from the previous reading of 91.8.
  • Philadelphia Fed President Patrick Harker will speak at 11:30 a.m. ET.
  • The Treasury will be auctioning off 3 and 6 month notes at 11:30am ET.
  • Federal Reserve Bank of Cleveland President Loretta Mester will speak at 12:00 p.m. ET.
  • Treasury Department to auction 3-year notes at 1:00 p.m. ET.

Market volatility rises after Nasdaq falls over 100 points

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