Asian & European markets recover after stormy week

Feb 07, 2018, 6:54 AM EST
(Source: Investment Zen/flickr)
(Source: Investment Zen/flickr)

The Asian and European stock markets made a comeback on Wednesday as investors scrambled for bargains following a week-long meltdown that eroded over $4 trillion from the global markets.

After a slump of nearly 7% in the previous session, Japan’s Nikkei jumped 3.2% following gains on Wall Street, notes the BBC.

Konstantinos Anthis of ADS Securities research team warned that the turbulence is still not over as the key catalysts behind the fall, which include worries over Fed policy and doubts over Trump’s tax reforms, still loom large, writes The Guardian.