In financial centers such as London, New York, and Beijing, investors are increasingly deciding that China is too big and too different to be lumped with developing countries
The S&P 500 was up 63.50 points, or 1.46%, at 4,413.43, and the Nasdaq Composite was up 170.15 points, or 1.26%, at 13,712.27
European lenders lost ground to US rivals during the pandemic because volatile markets boosted the earning power of US banks' outsized trading arms.
Wall Street's main indexes climbed after two turbulent sessions and ahead of the outcome of a Federal policy meeting, with a stellar outlook from Microsoft boosting technology stocks
All three major U.S. stock indices experienced a repeat of Monday's bumpy trading
The Dow Jones Industrial Average fell 94.28 points, or 0.27%, to 34,270.22, the S&P 500 lost 44.38 points, or 1.01%, to 4,365.75
Dow Jones Industrial Average was down 764.89 points, or 2.23%, at 33,599.61, the S&P 500 was down 115.61 points, or 2.62%, at 4,294.52
All three major U.S. stock indices closed the day in positive territory, after the Dow Jones Industrial Average had posted an over 1,000-point decline earlier in the day
All the 11 major S&P sectors declined in early trading, with nine of them falling more than 2% each
Shares were mostly lower in Europe and Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020.
More than $1.7 trillion in value has been erased from the Nasdaq 100 in January, with the tech-heavy gauge entering a correction this week after falling more than 10% from a recent peak
Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street.
Concern that the Federal Reserve will aggressively move to raise rates this year is taking a toll on the market
Costlier oil also weighing on sentiment; analysts see no let-off in volatility
Goldman Sachs leads fall among banks after Q4 results; gaming stocks jump on Microsoft's big bid for Activision
Eight of the 11 major S&P 500 sectors fell in early trading, with financials falling 1.3%
The S&P 500 was up 26.46 points, or 0.56%, at 4,739.53 and the Nasdaq Composite was up 109.59 points, or 0.72%, at 15,263.04
IBM down after UBS downgrades to 'sell'; Federal Reserve Chair Jerome Powell's testimony may offer fresh insight on policy tightening
Goldman Sachs expects Fed to hike rates four times in 2022; Tesla down on price hike plan for driver assistant software
Global shares were mixed Monday after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March