After a string of weekly losses, investors returned from the Labor Day weekend to assess where the stock market stands.
After three weeks of declines, all three of Wall Street's major stock indexes moved higher. The stock market has been dragged lower in recent sessions by investors after Federal Reserve Chairman Powell said last month that the central bank would keep interest rates low for a long time.
Despite the Fed's interest rate hikes, the US economy looks like it will avoid a recession.
The US indexes opened at 9:30 a.m.
The economy is on shaky footing, and traders have become used to the market giving up gains throughout the trading day.
The research firm said to be on the lookout for any negative commentary coming from investor conferences.
Digital World Acquisition Corp.'s shares plummeted more than 20% after a report that the company doesn't have enough votes to complete a merger with Donald Trump's social media company.
The price of oil went up. West Texas Intermediate crude increased in price. The international benchmark gained 1.1% to $94.46.
The price of gold was $1,718.60 per ounce. The 10-year Treasury yield went up.
The price of the virtual currency was $19,902.04.
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