BREAKING NEWS U.S. markets surge higher on opening as global trading mixed

Screen Shot 2015-08-26 at 10.15.29 AMWednesday, August 26, 2015 9:47 AMScreen Shot 2015-08-26 at 10.16.22 AM

Volatility continued to dominate global markets on Wednesday, as whipsaw trading across Asia gave way to early declines in European stocks. Shares in Europe recovered later, and stock markets in the United States opened higher.
After Tuesday’s ups and downs ended with losses on Wall Street, it was anyone’s guess what the coming day might bring, though. The Standard & Poor’s 500-stock index was up more than 2 percent at the open. The Dow Jones industrial average rose close to 400 points, gaining more than 2.5 percent.
The volatility in global markets continues to be driven by fears about China’s weakening growth and the ability of its leadership to handle a slowdown in the world’s second-largest economy, after the United States. But as the turmoil continues, questions include how much of the buying and selling of global stocks is based on companies’ actual exposure to China, and how much is a result of other market dynamics.
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