Palantir and other technology stocks are helping to support financial markets, while gold and silver bounce back from their latest selloff.

The S&P 500 rose 0.1% early Tuesday and was flirting with its all-time high set last week. The Dow Jones Industrial Average added 151 points, and the Nasdaq composite was little changed.

Palantir Technologies jumped after reporting bigger profit and revenue for the latest quarter than analysts expected.

Palantir soared more than 12% overnight to $164.42 after the artificial intelligence software company beat Wall Street's fourth-quarter sales and profit expectations and gave strong guidance for 2026.

The company reported full-year revenue of $4.48 billion — a 56% increase over 2024 — and forecast another 60% revenue gain for 2026. Its shares are up 76% in the past year.

The Walt Disney Co. slipped after saying Josh D’Amaro, head of the company’s parks business, will become its next CEO. South Korea’s Kospi surged to its best day since early 2020.

Gold gained close to 6% on Tuesday, while silver’s price rebounded 12% following nearly 2% losses on Monday. Their prices cratered on Friday, including a 31.4% plunge for silver.

Gold and silver prices have surged with markets volatile and uncertainty over the Federal Reserve under a pending change in leadership. Many see the stock market as overvalued, and the threat of tariffs and heavy debt loads for governments worldwide have raised alarms.

Some cited Friday's wipeout of precious metals as a response to President Donald Trump’s nomination of Kevin Warsh as the next chair of the Fed.

Others believe it was investors simply cashing out after borrowing money to load up on gold and silver, and not a wholesale change in expectations for demand.

Pepsi shares slipped after the snack and beverage giant nudged past sales and profit expectations but said it would be cutting prices this year on Lay’s, Doritos and other snacks to try and win back inflation-weary customers.

Elsewhere, Japan's benchmark Nikkei 225 climbed 3.9% to finish at 54,720.66, its highest close ever. Shares in equipment maker Disco Corp. jumped 7.4% while those in testing equipment maker Advantest gained 7.1%.

Share prices have been boosted by expectations that Prime Minister Sanae Takaichi's Liberal Democratic Party will regain a significant majority in the parliament in a Feb. 8 election, ushering in more market-friendly policies.

Some analysts warn the Japanese yen may weaken further if Takaichi boosts government spending, presenting hardships for consumers and some companies.

In South Korea, the Kospi gained 6.8% to 5,288.08, also a record. Investors appeared to regain confidence after the latest scare over a possible bubble in artificial intelligence as shares in Samsung Electronics Co. soared 11.4% while those in chip maker SK Hynix rocketed up 9.3%.

Hong Kong's Hang Seng gained 0.2% to 26,834.77, while the Shanghai Composite added 1.3% to 4,067.74.

Australia’s S&P/ASX 200 edged up 0.9% to 8,857.10. Australia’s central bank raised its benchmark policy rate for the first time in two years, citing higher inflation than anticipated before it last cut rates.

In Europe at midday, the German DAX rose 0.4% while Britain’s FTSE 100 was off 0.5%. France’s CAC 40 was unchanged.

In energy markets, benchmark U.S. crude picked up 25 cents to $62.39 a barrel. Brent crude gained 16 cents to $66.46 a barrel.

The U.S. dollar climbed to 155.87 Japanese yen from 155.61 yen. The euro cost $1.1799, up from $1.1791.