The S&P 500 climbed 0.8% and recovered nearly three-quarters of its sharp drop from the day before.

The S&P 500 climbed 0.8% and recovered nearly three-quarters of its sharp drop from the day before.

Asia-Pacific markets are set to open higher, tracking Wall Street gains after after investors' concerns around AI disruption to select industries eased.

Traders feel that Monday’s 1% decline on fears that AI will trigger an economic doom cycle was overcooked.

Investors have become so skittish of stocks linked to AI that it’s dragging down the entire U.S. market.