Economy

Title: After "Black Monday," Global Financial Markets Regain Their Strength

Title: After

Global financial markets regained a significant part of their strength on Tuesday after "Black Monday," when the market value of listed companies worldwide lost more than $6.4 trillion. All major groups in the S&P 500 index rose at the beginning of today's session, following the worst defeat for the index in nearly two years. In Asia, Japan's main stock index sharply increased by the end of Tuesday's session after a significant decline on Monday, driven by the downturn in U.S. financial markets on Friday. According to data from the Tokyo Stock Exchange, the Nikkei index closed today up by 10.23 percent at 34,675.46 points, marking its largest daily gain since October 2008. Some Arab stock exchanges gradually regained their strength during today's trading, led by the Saudi stock exchange, which saw its general index rise by 1.52 percent. In Europe, stock indices recorded increases during Tuesday's trading, following a six-month low in the previous session, reflecting the recovery in Asian markets.

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