Asia's Markets: Strong rebound in Asian markets, Nikkei up 11% today after falling 12% yesterday
Zee Business Video Team | Updated: August 6, 2024 10:36 AM IST
Strong rebound in Asian markets. Nikkei up 11% today after falling 12% yesterday. Shopping in other Asian markets also. Dow and Nasdaq futures jumped more than 300 points. Yesterday was the worst day in US in 2 years. Dow fell 1000 points. S&P 500 and Nasdaq fell by more than 3%. Amidst the all-round selling, the big IT stocks were beaten the most. VIX closed at 38 level after jumping till 65 level. Dow closed with an improvement of 200 points and Nasdaq 500 points from the lower level.
