Investors are focusing on US economic data this week, with the trade deficit and the September Consumer Price Index set to be released on Tuesday and Thursday respectively. US stocks rose on Tuesday. The Nasdaq rebounded by 170 points or 1% in the early session, while the S&P 500 Index and the Dow also recovered from Monday's losses, rising by 36 and 29 points respectively.

After China failed to announce any new economic stimulus plans, Chinese concept stocks listed in the US fell. Bilibili (BILI.US) plummeted by 14%; Nio Inc. (NIO.US) dropped by 9%, while PDD Holdings (PDD.US), Alibaba (BABA.US), and jd.com (JD.US) all fell by 7%-8%.

Wynn Resorts (WYNN.US) and Las Vegas Sands (LVS.US) each fell by over 4%.

Chip stocks showed mixed trends, with Foxconn confirming the construction of the world's largest Nvidia GB200 chip production facility to meet the huge demand for the Blackwell platform, causing Nvidia (NVDA.US) to rise by 2%; Super Micro Computer (SMCI.US) retreated by 4%.