United States – Global financial markets regained a large part of their health yesterday, Tuesday, after “Black Monday,” in which the market value of listed companies around the world lost more than $6.4 trillion.
All major groups in the S&P 500 advanced at the start of today’s session, after the index’s worst loss in nearly two years.
In Asia, the main Japanese stock market index jumped sharply at the end of Tuesday’s session, after a significant decline in Monday’s session, driven by the decline in US financial markets in Friday’s session.
According to data from the Japan Stock Exchange, the Nikkei index closed today’s session up 10.23 percent at 34,675.46 points, achieving its biggest daily gain since October 2008.
Some Arab stock exchanges gradually recovered during today’s trading, led by the Saudi Stock Exchange, whose general index rose by 1.52 percent.
In Europe, stock indices rose during Tuesday’s trading, after recording their lowest levels in six months in the previous session, tracking the recovery in Asian markets.
US stock indices opened with mixed gains, after recording declines in Monday’s session, amid expectations of calm fluctuations in corporate stocks.
Wall Street analysts’ bets on the possibility of the US Federal Reserve holding an emergency meeting this month have also declined, ahead of the meeting scheduled for September 16-17.
Anatolia
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2024-08-07 15:31:34