US equity markets posted gains on Tuesday, with technology stocks leading the recovery after a volatile week that saw significant selling pressure across growth names.
The broad-based rebound reflects a renewed willingness among investors to take on risk, reversing the cautious tone that dominated trading in the previous session.
The rally was fueled by positive developments in geopolitical negotiations.
Reports indicate that the United States and Iran are nearing a formal peace agreement, a prospect that has injected relief into global risk assets.
The potential for a diplomatic resolution to longstanding tensions has helped stabilize sentiment, allowing equities to bounce back from recent lows.
Technology shares, which bore the brunt of last week's decline, were among the strongest performers in the session.