Markets in rally mode as tumult in equities persists

Global equities markets swung higher on Tuesday as the turbulence that has taken hold over the past few weeks showed little sign of abating. European bourses jumped in early trading, with the continent’s Stoxx 600 index rallying 4 per cent. London’s FTSE 100 rose almost 3 per cent, while Frankfurt’s DAX advanced 5 per cent.

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