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Oil prices are down, and stocks are up, though such moves have been quick to change since the war in Iran began.
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Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.
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Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently.
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A Chinese company called DeepSeek said it had developed a large language model that can compete with U.S. giants at perhaps a fraction of the cost.
Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week.
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Worries over the economy are front and center after a series of disappointing reports, including a weaker-than-expected jobs report on Friday.