Japanese stocks soar after massive sell-off that shook Wall Street

Currency traders react near a screen showing the Korea Composite Stock Price Index (KOSPI), top centre, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea (Ahn Young-joon/AP)
Currency traders react near a screen showing the Korea Composite Stock Price Index (KOSPI), top centre, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea (Ahn Young-joon/AP)

Japan’s benchmark Nikkei 225 index closed more than 10% higher on Tuesday, a day after it set markets tumbling in Europe and on Wall Street.

Other markets in Asia also rebounded, but more moderately, appearing to settle somewhat after the rollercoaster ride that started the week.

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