At the open

Stocks are bouncing back from Tuesday’s big selloff. The Dow rose more than 60 points at the open. S&P 500 and Nasdaq each gain about 0.3%.

Here’s what you need to know:

• Markets are cautiously watching Hurricane Irma, one of the most powerful Atlantic storms ever recorded. Irma is moving through the Caribbean, pushing up commodity prices and applying pressure to travel stocks.
• And bad news for O.J. lovers: Orange juice futures are spiking because of Irma.
• The Fed will issue its latest snapshot of regional economic conditions at 2 p.m. ET today. The report, known as the Beige Book, gives insight on how the Fed is thinking about inflation.
• President Trump will speak from North Dakota at 3 p.m. ET to further push his tax overhaul.