Stock Market Today: Stocks Rise Amid Inflation and Jobs Data

Stocks rose for the third consecutive trading day, reducing August losses for major indexes. Investors are analyzing economic data, including a decline in U.S. consumer confidence and job openings in July. The market will closely watch the Federal Reserve's preferred inflation gauge and the August employment report later this week. The S&P 500, Dow Jones, and Nasdaq Composite all advanced, while the 10-year Treasury yield dipped. Hawaiian Electric shares fell after denying responsibility for a wildfire, and Bitcoin and other cryptocurrencies gained following a court ruling against the SEC. Chinese stock indexes also rose after the government announced measures to revive its capital markets.