Global Markets Stabilize After Tumultuous Selloff

Markets stabilized after Monday`s steep decline, which concluded a three-week period of significant global stock market losses. Investors sought out buying opportunities amidst the dip. While some signs, such as the performance of the US services sector, offered reassurance, concerns about a potential recession, high valuations in tech, and the surging yen persisted. Although a temporary reprieve is possible, market volatility remains high, and some analysts believe further decline is possible, particularly if the US economy enters a recession.