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Wall Street still expects the Federal Reserve to cut interest rates next month.
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Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week.
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U.S. stocks rallied to records on hopes that inflation is heading back in the right direction.
Politics
Former President Barack Obama and President Donald Trump are sharing the spotlight. Both men are tied for this year's 'Most Admired Man' list put out by Gallup. It is Obama’s 12th time in the top spot - the first for Trump. Other men on the top ten