U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines.

Major U.S. stock indexes rallied and the dollar stabilized, as investors welcomed comments from the White House on tariff negotiations.

The company’s initial public offering (IPO) last month was met with lukewarm investor interest, leading CoreWeave to cut both its offering price and share allocation in the days leading up to its debut. Since then, the stock has struggled to gain its footing, falling more than 40% from its post-IPO highs.