US Stocks Rise as Tech Rebounds Ahead of Nvidia Earnings
US stocks rose on Tuesday, buoyed by tech stocks rebounding from their recent slump.
Nvidia's earnings report, due tomorrow, is expected to provide key insights into demand for AI chips and data-center infrastructure.
The US Treasury yield fell by more than three basis points, contributing to the risk-on sentiment in the markets.
Chip stocks, including AMD and Intel, are performing well ahead of Nvidia's earnings, with AMD up 2% after Raymond James upgraded it to Strong Buy.