U.S. stocks look to bounce back on Tuesday following an across-the-board sell-off in the previous session. Strategists say all the yen carry trades haven’t been unwound yet, which raises the specter of incremental weakness. That said, positive reactions to earnings from tech players such as Palantir Technologies Inc. (NYSE:PLTR) and Navitas Semiconductor Corporation (NASDAQ:NVTS) could buoy sentiment. Tech stocks are reversing course, riding on these positive earnings. The CBOE Volatility Index, widely known as VIX, has pulled back notably toward the 32 level. Given the absence of any major catalysts, volatility will likely remain contained. Futures Performance (+/-) Nasdaq 100 +0.86% S&P 500 +0.82% Dow +0.71% R2K +0.75% In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) gained 0.78% to $521.40, and the Invesco QQQ ETF (NASDAQ:QQQ) rose 0.82% to $438.95, according to Benzinga Pro data. Cues From Last Session: Wall Street closed Monday’s session notably lower, although off its intraday lows. The global equity market plunge set in motion by the Japanese market on Monday spilled over into the U.S. The major averages opened notably lower but a report that showed that the service sector moved into expansion territory helped them trim some of the losses. Yet the averages closed the session sharply lower. The S&P 500 and the Nasdaq Composite fell for a third straight session, settling at three-month lows, while the Dow Jones Industrial Average retreated to its lowest since June 14. The sell-off was across the board, with the IT, communication services and consumer discretionary stocks plunging hard. Index Performance (+/) Value Nasdaq Composite -3.43% 16,200.08 S&P 500 Index -3.00% 5,186.33 Dow Industrials -2.60% 38,703.27 Russell 2000 -3.33% 2,039.16 Insights From Analysts: The recent correction is healthy for the market, according to WisdomTree Senior Economist and Wharton professor Jeremy Siegel. Volatility has finally returned to the market, the economist said, adding that this ...