Wall Street rebounds but light volume a worry
The Dow Jones industrial average was up 161.21 points, or 1.39 percent, at 11.774,51. The Standard & Poor's 500 Index was up 16.81 points, or 1.34 percent, at 1,273.69. The Nasdaq Composite Index was up 19.23 points, or 0.73 percent, at 2,636.05.
European stocks bounced from three-month lows, mainly in technical buying and as hedge funds scooped up beaten-down shares, with chartists saying further short-term upside in equities was likely.The FTSEurofirst 300of top European shares ended 1.8 percent higher at 1,086.74 points.
Japanese stocks fell and domestic investors said they were posed to keep selling on rising yen volatility and a nuclear power plant crisis. Foreign buyers, drawn to valuations as cheap as Lebanon's, steadied the market after an early tumble.
The benchmark Nikkei average ended 1.4 percent lower at 8,962.67 points , recovering from the intraday low of 8,639.56, but the yen dominated the session.
The Japanese currency slid after surging past a record peak against the dollar in illiquid, white-knuckle trading that could have been linked to the stock market slump after an earthquake and tsunami hit Japan last Friday.
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