Wall Street edges higher as AMD surge helps offset tariff and AI jitters

U.S. stocks rose on Tuesday as a major AMD chip deal helped offset fears over new global tariffs. Investors now await tonight's State of the Union address.

Insights:
US USUS equity futures were set for a modest recovery on Tuesday, February 24, 2026, following a sharp selloff in the U.S. stock market during the previous session. The recent downturn was primarily fueled by market jitters regarding President Donald Trump’s shifting tariff policies and escalating concerns over AI disruption. These twin sources of uncertainty have prompted broad sector losses, negatively affecting major indexes and corporate valuations as investors weigh the potential for long-term economic friction.
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 23, 2026. REUTERS/Brendan McDermid
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 23, 2026. REUTERS/Brendan McDermid
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