The Dow rose 0.4% at the opening, the S&P 500 rose 0.9%, and the Nasdaq rose 1.5%.

Gold mining stocks rose, with Kinross Gold up 3.8%, Harmony Gold up 6.8%, and Gold Fields up 5.7%. MP Materials rose 5.4%, with Deutsche Bank upgrading its rating from "hold" to "buy." Instacart rose 4.9% with Q3 earnings exceeding expectations. Metsera fell 14.7% as Novo Nordisk withdrew from the bidding war with Pfizer.