Stock markets are slowly beginning to bounce back from Monday's AI stock-driven selloff, as investors recover from their shock over the "Sputnik moment," the discovery that China has an AI startup that can build large language models much,

The Nasdaq and other major indexes rebounded on Tuesday, recovering from the sharp sell-off triggered by DeepSeek’s crash, which had sent AI stocks tumbling. Nvidia, which plunged over 16% on Monday,

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting