Stock markets LIVE: FTSE forecast to soar 12.3% after huge Asian gains overnight on Nikkei | Personal Finance | Finance

Asian markets have opened higher today, with Japan’s Nikkei 225 benchmark shooting up more than 6% after it fell nearly 8% the day before.

The rebound followed a wild day on Wall Street as US stocks tanked after Donald Trump threatened to crank his double-digit tariffs even higher.

Hong Kong also recovered some lost ground, but nothing close to its 13.2% dive on Monday which gave the Hang Seng its worst day since 1997 during the Asian financial crisis. The Hang Seng gained 1.7% to 20,163.97 this morning.

The Shanghai Composite index jumped 0.8% to 3,121.72, South Korea’s Kospi gained 1.6% to 2,364.22, and the S&P/ASX 200 also was up 1.6%, at 7,462.60.