The USA500 is currently trading above 5,400 levels.
U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank's independence even as they grapple with the effects of Trump's ongoing, erratic trade war.
On Tuesday the S&P 500 increased 2.51%, the Dow Jones climbed 2.66% and the Nasdaq jumped 2.71%.