Jobs Report Looms Large With Fed On The Fence (Live Coverage)

Today's jobs report could swing the outcome of the upcoming Federal Reserve policy update. Although the focus is on inflation and next week's key reports, August labor market data could be a tie-breaker. Stocks and bonds rallied amid hope for a rate-hike reprieve, courtesy of Fed Gov. Christopher Waller, who said he'd be inclined to stand pat if next week's data shows further disinflation.