Germany's main stock index, the DAX celebrated the anniversary of its founding. The index tracks the value of the 30 biggest companies listed on the Frankfurt stock exchange.
Europe's main stock markets recovered at the start of trading on Monday following tentative rebounds in Asia. However, analysts believe volatility will remain high amid fears of rising inflation in the United States.
US stock markets went through more chaos on Thursday, with the latest losses only slightly behind the record-breaking Monday trimming as concerns mount over inflation and interest rate hikes.
Plummeting stocks have shocked traders. After a long stretch of serenity, an unexpected storm has hit stock exchanges. We're witnessing a worldwide sell-off, but things will calm down shortly, says DW's Henrik Böhme.
Wall Street ended the day Tuesday, with solid gains after a rollercoaster ride that saw losses halved from Mondays plunge. Markets in Asia were down seven percent but regained momentum to close down 4.7 percent.
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