Japanese stocks soared more than 10% early Tuesday, following a significant drop, with other Asian markets stabilizing after a turbulent start to the week.
Markets reacted to the fears of a slowing US economy, exacerbated by weak employment data, with Wall Street and European markets experiencing significant declines.
Concerns were raised over the Federal Reserve's high interest rates impact on the economy and Bank of Japan's interest rate increase influencing currency values and global investments.
Market experts anticipated a rebound from the dramatic movements, seeking stability after the sharp fluctuations in Asian markets, driven by reassurance attempts from Federal Reserve officials.
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