Market News
Battered world markets bounce back but mood is still fragile - REUTERS
By Dhara Ranasinghe and Kevin Buckland
Summary
- Treasury Secretary Bessent to lead trade negotiations with Japan
- Japan's Nikkei surges 6%, European shares open higher
- Crude oil rebounds from nearly four-year lows
- Dollar still weak
LONDON/TOKYO, April 8 (Reuters) - World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, but the mood was cautious with a focus on whether Washington might negotiate on some of its aggressive tariffs.
Asia stocks bounced off 1-1/2 year lows (.MIAP00000PUS), European shares opened broadly higher (.STOXX) and U.S. stock futures pointed to a positive open for Wall Street where shares fell to their lowest in over a year on Monday, before steadying.
