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The Guardian

Global markets partly recover but analysts fear ‘we’re not out of woods’



Shares on Wall Street and in Asia and Europe start to recover after Monday’s routBusiness live – latest updatesShares on Wall Street have risen 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 was 40 points, or 0.5%, up by late afternoon on Tuesday, after losing 166 points, or 2%, on Monday, its biggest one-day points drop in more than a year. Germany’s Dax also rose by 0.5% and France’s Cac went up 0.2%, but the Italian bourse slid by 0.4%. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/aug/06/global-markets-partly-recover-but-analysts-fear-were-not-out-of-woods

Author : Julia Kollewe

Publish date : 2024-08-06 15:20:50

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Tags : The Guardian
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