Japan's Nikkei 225 index closed more than 10% higher on Tuesday after a scary Monday that led to a global sell-off. Investors reacted to fears of a slowing U.S. economy, with high-interest rates raising concerns about Federal Reserve's impact on the market.
The S&P 500, Dow Jones Industrial Average, and Nasdaq all suffered losses on Monday, reflecting the global market sell-off. South Korea's Kospi index plummeted 8.8% amid concerns over technical factors magnifying market losses.
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