Shares of technology companies rallied as concerns about the sustainability of the artificial-intelligence boom subsided.
Palantir shares rose sharply in late trading after the maker of AI-powered analytic software posted earnings ahead of expectations.
Meta Platforms rose by 6% after a rout last week related to fears about the impact of AI-infrastructure spending on its cash flow.
Shares of Samsung and SK Hynix each fell by more than 8% in overnight trading in South Korea.
Apple shares fell for the fourth straight session as concerns about memory-chip prices persisted.
Alibaba rose after the Chinese online retailer released a new AI model, Qwen 3.8-Max.
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