U.S. investors are set to face a critical week with the August employment report on Friday, which may determine if the Federal Reserve implements a September rate increase. Expectations for a September hike have climbed to 60% following Fed Chair Kevin Warsh's Jackson Hole remarks. Apple is making a historic leadership transition as John Ternus assumes the CEO role from Tim Cook on September 8. Quarterly results from Dell, Broadcom, Hewlett Packard Enterprise, Palo Alto Networks, Lululemon and Five Below will provide insights into AI infrastructure spending and consumer trends. Sentiment has improved after Nvidia's earnings and Goldman Sachs' estimate that oil transportation through the Strait of Hormuz has recovered to about two-thirds of volumes before recent conflicts. The Bureau of Labor Statistics will report August payrolls, after July's unexpected contraction of 23,000 jobs and 4.1% unemployment rate, with ING forecasting 65,000 new positions and a Reuters poll seeing 45,000. Additional events include the Federal Reserve's Beige Book on Wednesday and Tesla's presentation on Thursday about its autonomous Cybercab taxi service. Equity markets are hovering approximately 1% below all-time highs.