Calm is returning to Wall Street Tuesday, and tech stocks are leading U.S. stock indexes higher following a strong profit report from Palantir Technologies, a darling benefitting from the artificial-intelligence boom.

Many quantum computing stocks have risen well above Wall Street's price targets, but this one still has room to climb.

Wall Street opened lower after Trump's tariffs on Mexico, Canada and China, sparking fears of trade wars that'll slow economies and ignite inflation.

Wall Street was mixed in light trading early Tuesday as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada. Trump's imposed tariffs on China remained in place.

The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve.

The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S. President Donald Trump delayed tariffs on Mexico after his orders to levy tariffs on three countries sparked a global scramble to safe-haven assets earlier in the day.

It’s the bet Wall Street made as soon as Donald Trump was elected president. For all the threats of tariffs against US allies and rivals, stock vigilantes were skeptical that he’d do anything to really damage the stock market.