Stocks, Treasuries and other financial markets steadied after weak US economic data and concern about the health of the world’s largest economy had sent markets tumbling.Hong Kong equities and a gauge of Chinese technology shares in the city rebounded from Tuesday’s selloff. The slide in 10-year yields reversed in Asian trading while gold, Bitcoin and oil all traded within a tight range after declines overnight. Equity index futures for the S&P 500 and Nasdaq 100 pointed to gains, in a further sign that markets are stabilizing.The steadiness will get a test later Wednesday when Nvidia Corp. reports earnings. Investors sought safer corners of the market Tuesday after a weak US consumer confidence reading raised worries about the outlook for the broader economy. Concern is also growing over President Donald Trump’s policies, their impact on global growth and the fraying of long-established economic and political alliances. “Nvidia’s numbers could well be a make-or-break event for the market, at least in the short term,” said Tim Waterer, chief market analyst at KCM Trade in Sydney. “What could really drive sentiment one way or the other could boil down to whether the outlook from the company remains as rosy as before.”Hong Kong shares rose over 2% while the gauge of Chinese technology shares in the city jumped as much as 3.4%, led by Alibaba Group Holding Ltd. and JD.com Inc. A regional gauge of stocks swung between gains and losses.“The Chinese stock market is still attractive from the relative valuation point of view,” said Linda Lam, head of equity advisory for North Asia at Union Bancaire Privee in Hong Kong. President Trump’s move to further decouple economic ties between the two nations had rattled global investors who had bet on a sustained rebound in Chinese stocks. The shares have risen this year on optimism around DeepSeek artificial intelligence and President Xi Jinping’s meeting with corporate leaders, a move seen as a possible end to the year-long crackdown on the private sector.Meanwhile, DeepSeek reopened access to its core programming interface after nearly a three-week suspension, resuming a service key to wider adoption of an AI model that’s proven remarkably popular since its emergence last month. Investors will also be watching the upcoming policy meetings in China next month, said Frank Benzimra, a strategist at Societe Generale SA.Chances for early action on Trump’s tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid.The yield on 10-year Treasuries rose after an 11-basis point decline overnight, at its lowest levels since mid-December. Yields on Australian and Japanese bonds also declined in early trading on Wednesday. Money markets are now pricing in more than two quarter-point reductions by the Fed in 2025.Copper climbed after Trump signed an executive action directing the Commerce Department to examine possible tariffs on the metal. Investors are awaiting this week’s reading on prices. The Fed’s preferred inflation metric — the core personal consumption expenditures price index — is expected to cool to the slowest pace since June. In other markets, oil in New York steadied after sinking back into the $60s-a-barrel range as a souring economic outlook threatened prospects for energy demand. Gold edged up along with Bitcoin, which fell 6% overnight.Key events this week:US new home sales, WednesdayNvidia earnings, WednesdayFed’s Raphael Bostic speaks, WednesdayEurozone consumer confidence, ThursdayUS GDP, durable goods, initial jobless claims, ThursdayFed’s Jeff Schmid, Beth Hammack, Patrick Harker, Michael Barr, Michelle Bowman speak, ThursdayJapan Tokyo CPI, industrial production, retail sales, FridayUS PCE inflation, income and spending, FridayFed’s Austan Goolsbee speaks, FridaySome of the main moves in markets:StocksS&P 500 futures rose 0.3% as of 12:17 p.m. Tokyo timeJapan’s Topix fell 1.1%Australia’s S&P/ASX 200 fell 0.3%Hong Kong’s Hang Seng rose 2.8%The Shanghai Composite rose 0.7%Euro Stoxx 50 futures rose 0.4%CurrenciesThe Bloomberg Dollar Spot Index rose 0.1%The euro was little changed at $1.0505The Japanese yen fell 0.3% to 149.43 per dollarThe offshore yuan was little changed at 7.2563 per dollarCryptocurrenciesBitcoin rose 0.6% to $89,246.4Ether fell 0.4% to $2,501.02BondsThe yield on 10-year Treasuries advanced three basis points to 4.32%Japan’s 10-year yield declined four basis points to 1.340%Australia’s 10-year yield declined five basis points to 4.35%CommoditiesWest Texas Intermediate crude rose 0.1% to $69 a barrelSpot gold rose 0.2% to $2,920.54 an ounceMarch Outlook: Market Recovery On Cards? Check The Best And Worst Seasonal-Performing Stocks. Read more on Markets by NDTV Profit.