Stock markets in Europe remained unsettled on Tuesday despite a rebound in Japan which almost reversed record falls at the start of the week.
London’s FTSE 100, along with stock markets in Paris and Frankfurt, opened higher but soon slid back.
Overnight, Japan’s Nikkei 225 stock index jumped by 10.23%, or 3,217 points in its biggest one day gain in points, after the previous day’s plummet.
Focus has now shifted to US stock markets, which open in a few hours, after a couple of days of torrid trading.
The Nikkei’s 12% slump at the start of the week weighed on global stock markets. Sharp share price drops in UK, Europe, and US followed.
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Author: BBC News
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News post in August 6, 2024, 3:04 pm.
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