Global Stock Markets Rebound After Sharp Selloff

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Global stock markets recovered sharply after falling earlier in the day following the Democrats’ victory in both chambers of the U.S. Congress. The S&P 500 rebounded 2.18%, Nasdaq gained 3.13%, Dow Jones rose 2.16%, and Russell 2000 climbed 2.31%. Japan’s Nikkei 225 recovered 5.09%, while South Korea’s KOSPI gained 4.71% from their session lows. The …