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International Business Times

Business

Ann Resuma

Markets Bounce Back As Global Indices Recover From Sharp Decline

Tokyo CBS News Frankfurt London Paris

Here's what you need to know about StockMarketEye. (Credit: Unsplash (CC0) )

The stock market appeared to find a silver lining as it opened with improved numbers, marking a positive shift from the previous day's global downturn, which CBS News attributed to recession fears. This prompted calls for the Federal Reserve Board to consider cutting interest rates.

Tokyo, which had suffered significantly during Monday's sell-off, led the recovery with a more than 10% surge Tuesday.

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