The Dow Jones surged with market flows returning to normal, attempting to recover after a short-term decline fueled by recession fears in the U.S.
Lower initial unemployment claims helped ease recent slowdown fears among investors after a strong risk-avoidance reaction following last week's U.S. employment data.
Intel Corp. shares rebounded about 8%, nearing $20.50 per share, after recent lows, following investor concerns over Q2 earnings and Q3 guidance.
Last week's financial market downturn, marked by severe sell-offs and panic, underscored underlying economic risks, though some panic eased towards the week's end.
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