World stocks rebound continues, while yen slumps

(Image: Getty)

Thu, 08 Aug 2024

By Wayne Cole and Alun JohnEuropean and Asian share markets have risen, led by another bounce in the Nikkei, as the Bank of Japan unexpectedly turned cautious on rate hikes amid market volatility, inducing a sharp fall in the yen.Europe's broad Stoxx 600 index rose 0.8% in early trading on Wednesday, and Nasdaq futures were up 0.9%, having edged lower earlier in the day on a 12% dive in AI darling Super Micro Computer after it missed earnings estimates.The Nikkei's 1.2% rise followed Tuesday's 10% rally, suggesting investors were fi...

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