U.S. stock markets rebounded on Tuesday after earlier declines. The S&P 500 rose 0.8 percent, the Dow Jones increased by approximately 410 points, and the Nasdaq gained about 1.1 percent.
Technology and AI-related sectors led the gains, including a surge in AMD shares following a major chip deal announcement.
Standard Chartered announced a $1.5 billion share buyback after its chief financial officer resigned. The bank’s stock had fallen 6 percent amid modest profit growth below analyst expectations.
Despite the rebound, investors remain cautious due to trade policy uncertainty and ongoing concerns about AI disruption in multiple sectors.
