Wall Street shares have opened sharply higher, with the Dow Jones more than 2% up, after losing ground on Tuesday.
At the same time, European stock markets lost ground as fears persist of a China-led economic downturn.![Graphic showing China's main imports and countries exporting the products](https://ichef-1.bbci.co.uk/news/624/cpsprodpb/6481/production/_85192752_china_main_imports_624_v2.png)
London’s FTSE 100 was 0.8% lower in afternoon trade, with markets in Paris and Frankfurt down by 0.6% and 0.5% respectively.
Experts expect more market volatility until the Federal Reserve meets in September to set US interest rates.