Investors are looking ahead to the Federal Reserve's two-day meeting, where it could announce new stimulus measures. The central bank meets Sept. 12-13.
Friday's weak jobs report prompted further speculation that the central bank will move forward with a new round of quantitative easing, a possibility Fed chairman Ben Bernanke alluded to in a speech last month.
Meanwhile, investors will be keeping tabs on Europe, as the German Constitutional Court hands down a ruling Wednesday that could impact the European Central Bank's plans to preserve the euro.
The European Central Bank announced its own bond-buying program last week aimed at keeping the continent's debt crisis at bay and prompting a rally in global markets.
Chinese imports fell 2.6% in August while exports grew less than expected in the latest sign of weakness in the world's second-largest economy.
Companies: Shares of fashion label Michael Kors ( dipped 4% in after-hours late Friday on news that the company plans for a secondary offering )
Oil for October delivery fell 17 cents to $96.25 a barrel.
Gold futures for December delivery fell $8.50 to $1,732 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury rose slightly, pushing the yield down to 1.66% from 1.67% late Friday.
|4 federal agencies to shut Friday|
|Wall Street tries to buck global sell-off|
|Wall Street braces for China and Fed fallout|
|Japan plunge spooks global markets|
|Jobless claims fall, pointing to better May|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.73%||3.65%|
|15 yr fixed||2.85%||2.79%|
|30 yr refi||3.72%||3.64%|
|15 yr refi||2.85%||2.78%|
Today's featured rates: