Financial markets around the world stabilize after recent rout. Here’s what to know
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday. Big Techs regained favor among investors after the sell-off that had knocked billions of dollars off their market values. Calmer voices that had urged patience and said a sell-off in an overpriced market can be a good thing appeared to prevail Tuesday. In Japan, market turbulence tied to a sudden spike in the value of the yen abated, and the Nikkei 225 regained most of its huge loss from Monday.