Global sell-off halted as Wall Street leads rebound

Volatile trading session yesterday

US equity markets staged a comeback yesterday after a sharp sell-off, with Asian and European shares following Wall Street higher in today's trading.

After suffering its worst daily points decline in its 122-year history on Monday, the Dow was down 2.1% to 23,824 points soon after US markets opened yesterday and briefly fell into correction territory. However, during a volatile session which saw the Dow trade in a wide range of 1,167 points, stocks eventually rebounded and ended up back in positive territory for the year, the Financial Times reports. The S&P 500 recorded its biggest one day gain since November 7, 2016 to finish at 2,695, with technology the top-performing sector, while the Dow closed up 2.3% at 24,912 and the Nasda...