The Guardian

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

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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