Japan stocks rebound 3,217 points for their largest single-day rise
TOKYO -- Japan's benchmark Nikkei Stock Average surged 3,217.46 points on Tuesday -- its largest single-day rise -- after U.S. service sector data for July eased concerns of a recession.
The average ended the day at 34,675.46, up 3,217.46 points, or 10.2%. The index's previous biggest single-day jump dates back to October 1990, when it gained 2,676.55 points. By percent, it was the fourth-largest rise ever.