Wall Street bounces back, global markets stabilise

Wall Street bounces back, global markets stabilise

New Delhi, Feb 07 (ANI): After initially sliding, the Dow Jones industrial average closed up 567.02 points or 2.33 percent on Tuesday to 24,912.77, in its biggest jump. The S and P 500 gained 46.2 points to 2,695.14, recovering from the biggest one-day decline in the index in more than six years on February 5. The Nasdaq Composite too added 148.36 points, closing at 7,115.88. However, the Wall Street stock indexes repeatedly swung from positive to negative during Tuesday's trade. The Asian markets too came back from the brink, following a hefty bounce in the Wall Street.

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