Big tech stocks rebounded slightly in overnight trading after sharply decline on Monday. President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.

Trump said in a social media post Monday that “there is virtually No Inflation,” pointing to lower energy and food prices.

“But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW,” Trump said, referring to Powell.

Standard Lithium stock soared 70% in overnight trading. Standard Lithium Ltd is a leading near-commercial lithium development company focused on sustainable development of large, high-grade lithium-brine properties in the United States.

Their projects prioritize high-quality resources, robust infrastructure, skilled labor, and streamlined permitting, aiming for sustainable, commercial-scale lithium production through a scalable Direct Lithium Extraction and purification process. The company, in partnership with Equinor, is advancing the South West Arkansas project and exploring lithium brine prospects in East Texas, with interests in the Mojave Desert.

China ADRs rose in overnight trading with YINN up 5%; XPeng up 4.3%; Alibaba up 2.8%; NIO up 1.4%.