Global markets show positive dynamics after losses the day before

Volatility is caused by investor concerns about oil prices and the coronavirus outbreak.

US financial markets opened higher on Tuesday after recording record losses the day before, the highest since the 2008 financial crisis
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The three largest stock indexes, the Dow Jones Industrial Average, S&P 500 and NASDAQ, which lost more than 7 percent the day before, rose more than 3 percent at the opening of trading.
Asian exchanges on Tuesday also showed positive dynamics after losses suffered the day before, amid investor concern over oil prices and an outbreak of coronavirus.

Japan’s Nikkei index added about 1 percent, Hong Kong’s Hang Seng closed up 1.4 percent, and China’s Shanghai rose about 2 percent.

European markets showed similar dynamics at the beginning of trading.

Oil markets also advanced on Tuesday, partly offsetting Monday’s losses, when benchmark Brent crude lost more than 24 percent.

Volatility has gripped markets around the world amid an outbreak of a new coronavirus that has infected more than 110,000 people. The disease has claimed more than 3,800 lives.

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