US stock markets rise after days of turmoil

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US shares opened higher on Tuesday as an uneasy calm returned to markets after days of wild swings.

The technology-heavy Nasdaq, the Dow Jones Industrial Average and the S&P 500 all saw early gains.

It followed subdued trading in the UK and Europe with London’s FTSE 100 initially rising before falling back.

Overnight, Japan’s Nikkei 225 stock index jumped by 10.23%, or 3,217 points in its biggest one-day gain in points, after the previous day’s plummet.

The Nikkei’s 12% slump at the start of the week weighed on global stock markets. Sharp share price drops in the UK, Europe and US followed.

There have been concerns that the US is facing an economic slowdown. A rare interest rate rise in Japan also affected trading.

The Nasdaq, which has experienced the most turmoil in the last couple of trading days, rose by around 1%. The S&P and the Dow Jones saw similar gains.

In London, the FTSE 100 opened higher, albeit a modest 0.33%…

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