- Tuesday's market volatility persisted as investors prepared for a greater likelihood of a worldwide recession, even as dip buyers started to show up.

- The majority of stocks increased as Citigroup said that pessimistic positioning is still on the rise and Goldman Sachs and Blackrock soured on stocks for the near term. Apple, Amazon, and Alphabet all saw their stock prices rise by more than 1% in premarket trade as us index futures recovered alongside the Stoxx 600 in Europe.

- Even though the benchmark 10-year treasury yield dropped from its highest point since 2010, bonds continued to be under pressure from the greatest selloff in decades. When Federal Reserve policymakers reiterated their hawkish policy statements on Monday, the dollar index maintained close to the record high achieved earlier that day.

- Following a catastrophe brought on the government's fiscal plan late last week, UK markets managed to recover some of their losses. The biggest-ever jump in gilt rates was followed by a decline, and the pound increased by nearly 1% after hitting a record low. After the Bank of England said it might not take action before November to stop the collapse, traders continued to be fearful of the possibility that the currency could fall to parity with the dollar.