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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.
Related: Euro rescue fund faces hurdle in Germany
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.
U.S. stocks closed slightly higher Friday, with the S&P 500 and Nasdaq rising more than 2% for the week.
World Markets: European stocks were mixed in afternoon trading. Britain's FTSE 100 and the DAX in Germany were flat, while France's CAC 40 edged lower 0.2%.
Asian markets closed mixed Monday. The Shanghai Composite added 0.3%, the Hang Seng in Hong Kong rose 0.1%, and Japan's Nikkei was slightly lower.
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 (KORS) dipped 4% in after-hours late Friday on news that the company plans for a secondary offering
Later this week, Apple (AAPL, Fortune 500) is expected to unveil details about the iPhone 5. (Related: 3 big features iPhone is missing)
Currencies and commodities: The dollar gained strength against the euro, the British pound and the Japanese yen.
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. 
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 15,373.10 | 37.82 | 0.25% |
| Nasdaq | 3,499.45 | 3.02 | 0.09% |
| S&P 500 | 1,668.41 | 2.12 | 0.13% |
| Treasuries | 1.97 | 0.01 | 0.46% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 13.43 | -0.08 | -0.59% |
| Ford Motor Co | 14.88 | -0.17 | -1.10% |
| Microsoft Corp | 34.94 | -0.14 | -0.40% |
| Sprint Nextel Corp | 7.37 | 0.08 | 1.10% |
| Cisco Systems Inc | 23.74 | -0.21 | -0.86% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.67% | 3.62% | |
| 15 yr fixed | 2.80% | 2.76% | |
| 5/1 ARM | 2.60% | 2.58% | |
| 30 yr refi | 3.65% | 3.61% | |
| 15 yr refi | 2.80% | 2.76% |
Today's featured rates:
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