Stocks recover some ground after global sell-off

Western stock markets are set to recover some lost ground after the global sell-off Monday which wiped billions of dollars off the value of companies around the world.

European indexes are leading the comeback with London, Frankfurt and Paris up almost 2.5 per cent after “Black Monday” and US stock futures are trending higher with Wall Street predicted to open up 3 per cent.

That doesn’t mean the volatility is over; Asian markets closed mostly lower with Shanghai down more than 7 per cent and investors are weighing the likelihood of Beijing taking some action to stimulate the economy. That said, the Chinese index is still almost 30 per cent higher than it was a year ago. 
 

	Latest	1 month ago	1 year ago
North America (previous session)
US Dow Jones	15,871.35 (-3.57 per cent)	-9.66 per cent	-6.65 per cent
TSX Composite	13,052.74 (-3.12 per cent)	-7.99 per cent	-16.32 per cent
Europe (at 5.30am ET)
UK FTSE	6,038.03 (+2.36 per cent)	-8.23 per cent	-10.88 per cent
German DAX	9,907.38 (+2.68 per cent)	-12.69 per cent	+4.18 per cent
Asia (at close)
China CSI	3,042.93 (-7.10 per cent)	-27.14 per cent	+29.88 per cent
Japan Nikkei	17,806.70 (-3.96 per cent)	-13.33 per cent	+14.05 per cent
Other Data (at 5.30am ET)
Oil (Brent)	Oil (WTI)	Gold	Can. Dollar
43.39 (+1.64 per cent)	38.96 (+1.88 per cent)	1147.40 (-0.54 per cent)	U$0.7561
			Aus. Dollar
			U$0.7181