It's Jim Kramer here.

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Good Monday morning.

Welcome to Squawk on the Street.

I'm Carl Cantonia with Melissa Lee, Mike Santoli at the New York Stock Exchange.

Jim Kramer, David Faber, have the day off.

Final day of

September and Q3, as we get set for a busy week full of PMI data, a jobs number Friday,

more than a dozen Fed speakers, including Powell, and the first official Q3 earnings number in Pepsi.

That's later in the week. Europe is green, 10-year steady, oil is back to 55. Our roadmap begins

with futures pointing to some small

gains at the open as markets close out what has been a tumultuous quarter. Plus, it's been a rough

quarter for IPO, shares of AB InBeb's Asia business popping in their Hong Kong debut, marking the

second biggest public offering this year. And Bernie Sanders corporate tax, the 2020 presidential hopeful out with a new

plan calling for a tax on companies that pay their CEOs way more than their workers. It has been a

roller coaster ride for stocks in the third quarter as we enter the final trading session of Q3,

the Dow of the NASDAQ aiming for a third straight quarterly gain. Nasdaq needs a big rally today to achieve that same feat. Mike, as we know, we went into the month thinking, oh, it's big, bad, and scary. Came out relatively unscathed. We really have snuck through September just about, and I think that's actually the story for the quarter, too, is that the market has held itself together and kind of preserve these levels it was at

just about at the old highs without really a ton turning for the better. I think the way you could

look at it is the cost of two and maybe a third Fed rate cut was not that steep in the way of suffering

through really bad growth or any real stress in the financial system just yet. But it does feel tenuous, right? I mean, it does feel as if the market has sort of maximized what it had to work with to get to this point. I think it's because old leadership has shown signs of fatigue at this point. What we've really seen in the past month is this notable rotation as we've seen yields come up in the past one month. We've seen the performance of the banks really improved.

So we have the finances, for instance, the best performing sector of the month.

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