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Asia's Markets Recover

Europe is also seeing gains.
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Stocks in Asia rebounded from the previous session's selloff and for the most part closed higher Friday, with only sporadic weakness.

China's CSI 300 Index bounced back from its Thursday plunge to rise 4.4% to 3289. Tokyo's Nikkei 225 was up 0.5% at 17,453, and Hong Kong's Hang Seng was better by 1.3% at 20,567.

Elsewhere, Taiwan's Taiex gained 0.7% to 7943, and South Korea's Kospi advanced 1.3% to 1533. Singapore's Straits Times Index and India's Sensex both surged more than 2%.

Australia's All Ordinaries Index rose 0.6% to 6187.

Europe's markets were also on the rise. London's FTSE 100 was up 0.7% at 6488, and Frankfurt's Xetra DAX was higher by 1.2% to 7332. The Cac 40 in Paris jumped 1.5% to 5915.

Milan's MIB 30 was climbing 1.1% to 43,307, and the Swiss Market Index increased 1.2% to 9368. The Stockholm 30 added 0.8% to 1277.