Australian markets are set to rise as Wall Street rebounds from an earlier sell-off, driven primarily by moves in artificial-intelligence-related stocks. Multiple reports say US markets are recovering some losses from Friday, with investors returning to shares that have been propelled by the ongoing AI boom. One set of accounts also characterises the US session as volatile, describing “rollercoaster” trading in high-flying AI stocks, where rapid swings both lifted and pressured major indexes. Other coverage notes that the US market is edging toward additional records, supported by AI-related “winners” that continue to perform better than the rest of the market. While the tone is generally optimistic for a near-term rebound—reflecting improved sentiment after the sell-off—the reporting also highlights that price action is not steady, with sharp reversals occurring during the day. Overall, the articles link the direction of sentiment for the ASX to US market performance, but emphasise that AI stock volatility is a key factor shaping the broader read-through from Wall Street.