What to Watch in the Day Ahead - Tuesday, September 30

On the U.S. economic front, the Labor Department's JOLTS job openings report for August is scheduled to post a rise of 7.185 million openings, slightly above July's increase of 7.181 million. Separately, the Conference Board's consumer confidence index for September is expected to decline to a reading of 96 from 97.4 in August, while the Chicago PMI reading for September is forecast at 43.0, compared to 41.5 in the prior month. Furthermore, housing market data for July is set for release.

Nike is expected to post a drop in first-quarter revenue, as the sportswear giant works through a turnaround under CEO Elliott Hill. Investors will watch for comments on the company's marketing strategy for upcoming sporting events such as the soccer World Cup, as well as its progress in managing its direct-to-consumer and wholesale businesses.

Multiple Fed officials are scheduled to speak at various events. Federal Reserve Vice Chair Philip Jefferson is likely to speak on "Monetary Policy Frameworks and the U.S. Economic Outlook" at the Bank of Finland International Monetary Policy Conference. (0600/1000) Separately, Boston Fed President Susan Collins is expected to give brief remarks and participate in a moderated question-and-answer session in the C. Peter McColough Series on International Economics in New York. (0900/1300) Also, Chicago Fed President Austan Goolsbee is set to participate in a moderated question-and-answer session before the Federal Reserve Bank of Chicago Midwest Agriculture Conference: Midwest Agriculture and Trade Uncertainty. (1330/1730) Lastly, Dallas Fed President Lorie Logan is scheduled to participate in conversation moderated by Federal Reserve Bank of Dallas Vice President Pia Orrenius before the Dallas Fed Survey Participants' Appreciation Reception. (1900/2300)

Amazon is holding its annual event in New York where it will show off new devices, like the Alexa-enabled Echo and refreshes of existing products like its FireTV streaming stick and Kindles.

Frozen potato retailer Lamb Weston is expected to post a decline in first-quarter revenue, due to low demand and softening traffic at restaurants the company supplies to. Investors will closely watch commentary on recovery in North American sales, ramp-up of its new Argentina plant, and the impact of inflation.

On the Latin American economic front, Brazil's primary budget data for August is projected to show budget deficit narrowed to 21 billion reais in August from 66.566 billion reais posted in July. Separately, the country's unemployment rate is expected to remain steady at 5.6% in August. Meanwhile, Chile's statistics agency is set to report that unemployment rate likely held steady at 8.7% in August. The country's copper and manufacturing output data for August is also set for release.