Global Markets: Asia Stumbles, Europe Stands Firm in Terror's Aftermath

Terror in the U.S. brought tumult to Asian markets overnight, but European markets rebounded from opening lows as hopes for a speedy recovery spread across the Continent.

While London's FTSE 100 dropped by 62 points to 4684 at the open, a new 35-month low, the few traders in a thin market seemed resolved to gain strength through evil. At the close, the FTSE was up 2.8%, closing at 4882.

Continental markets also bounced back as trading came to a close. In Frankfurt, the Dax slumped more than 50 points at Wednesday's open and lost 1.5% early, but the index recovered to post a 1.8% gain to end the day at 4353. ...