A tech rally helped push the Nasdaq higher, with shares of AMD and Nvidia rising more than 4%. Alphabet (GOOGL, GOOG) ticked higher by over 3%, and shares of Super Micro Computer

Walmart shares rose, after the company reported strong sales growth, with low prices drawing Americans to its stores at a time of deep economic uncertainty. The stock (WMT) stood more than 2.5% higher in recent premarket trading.

Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,

Japanese investors snapped up foreign stocks for an eighth straight week, as progress in U.S. trade negotiations and easing concerns over the global economic impact of a trade war lifted investor sentiment.

Although they long for more clarity about tariffs, investors are nervous about sitting on the sidelines as stocks climb.

A Fidelity International fund manager said she has increased exposure to US stocks this week, citing renewed optimism following the trade truce with China.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.