Recapping the day's news and newsmakers through the lens of CNBC.
Back to the bull market
A new week, a new month, and all those economic worries seem so, well, old hat—so August. In September's first trading session, stocks finished in the green even with mixed signals on the U.S. response in Syria. But investors were enthusiastic about manufacturing, which beat analysts' expectations with its best growth in August in more than two years. The big number of the week, though, still to come: Friday's nonfarm payroll report. Economists think Friday's employment number will show 180,000 new jobs in August, versus 162,000 in July.
"U.S. stocks are up 17 percent year to date. They've been the declared outperformer so far in 2013. There's nothing wrong with a pullback here and a respite."—Brian Belski, chief investment strategist at BMO Capital Markets