Sergei Chirikov/AP Images
- US stocks rose on Monday as investors eyes developments in China and awaited fresh economic data.
- Traders are also still assessing the path for interest rates after Fed chief Powell's Jackson Hole speech on Friday.
- Investors can expect new PCE and employment data this week.
US stocks gained Monday morning as traders considered Beijing's latest attempt to support its markets, which have been teetering amid a barrage of negative headlines about China's economic situation.
Officials over the weekender announced measures including a reduced stamp levy, and elimination of certain restrictions on share sales.