Markets are focused on the Federal Reserve's September rate decision , scheduled for Wednesday at 2:00pm, according to a report from Yahoo Finance . The source notes that Fed Chair Kevin Warsh will hold a press conference at 2:30pm, a session expected to set the direction of policy amid speculation about a rate hike. Earlier that day, August retail sales data is due at 8:30am, ahead of the Fed announcement, and is positioned to provide context on consumer spending. On Thursday, the Philadelphia Fed Manufacturing Index and jobless claims round out the week's economic assessment, per the source. The source also points to oil price volatility and elevated bond yields as factors that continue to weigh on equity valuations.
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