Wall Street rallies after rout, as Goldman Sachs warns correction hasn’t gone far enough – as it happened

The "Fearless Girl" statue is seen in front of the New York Stock Exchange. Photograph: Jimin Kim/SOPA Images/REX/Shutterstock

4.54pm BST

And finally, here’s our wrap-up of today’s market moves, and warnings that the correction may not be over….

4.53pm BST

The other main European markets have struggled, though.

Despite the early optimism prompted by Japan’s strong recovery, where the Nikkei surged 10%, German’s DAX failed to rally, finishing down 0.1%, while France’s CAC lost 0.27%

Italy’s FTSE Mib also finished in the red, falling by 0.6% today, and Spain’s Ibex fell 0.3%.

But overall, the pan-European Stoxx 600 index finished 0.2% higher, with stocks in London providing a small lift.

Updated at 4.54pm BST