Tokyo’s benchmark stock index has posted a record intraday gain, as it rebounded from its worst-ever single-day points decline.
The Nikkei 225 surged right from the start of Tuesday’s trading on the Tokyo Stock Exchange.
The Nikkei briefly rose 10 percent, or more than 3,000 points… beating the previous record of 2,677 set in October 1990.
Investors are buying back shares after the Nikkei plummeted by 4,451 points on Monday.
The drop was far more than the infamous Black Monday crash of 1987.
The historic rout was triggered by growing concerns that the US economy is headed for a recession.