Global markets partly recover but analysts fear ‘we’re not out of woods’ | Stock markets
Shares on Wall Street rose and many Asian and European markets staged a recovery after this week’s global stock market rout, but analysts warned: “We might not be out of the woods.”
The FTSE 100 index in London rose 18 points, or 0.2%, on Tuesday to close at 8,026.69, after losing 166 points, or 2%, on Monday, its biggest one-day points drop in more than a year.
Germany’s Dax edged up by 0.1%, although France’s Cac slipped by 0.3% after earlier rising, and the Italian bourse slid by 0.6%.
On Wall Street, the Dow Jones closed up by 0.8%, while the broader S&P 500 rose by 1.5%. The Nasdaq climbed 1%, after Wall Street’s worst day in almost two years on Monday.
The Nikkei 225 index in Tokyo closed 10.2% higher – up 3,217 to…
