Rare earth stocks rebound. CRML rose 17%; USAR up 14%; NB and PPTA up 9%; UAMY rose 8%; TMC and UUUU rose 7%.
Drone stocks rally. Ondas up 7%; SES AI and Draganfly up 6%; Red Cat up 5%.
Chinese ADRs jumped. Kingsoft Cloud up 13%; GDS, Nio and WeRide up 6%; Bilibili, Pony AI, Alibaba and Baidu up 5%.