U.S. stocks rebounded Tuesday after falling oil prices released some of the pressure that built up on the market. The S&P 500 rallied 1% to claw back all of its loss from the day before. The Dow Jones Industrial Average rose 126 points,

A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng index fell by -2172.99 (-9.41 percent) on Tuesday.

Oil prices fell and global stock markets diverged on Tuesday, with Hong Kong suffering its worst day in 16 years as China held off announcing fresh measures to boost its

Hong Kong’s long-dormant currency has come out of hibernation, as demand soars following a remarkable rally in Chinese stocks listed on the city’s bourse.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals to Curb ‘Gentrification’A Housing Crisis Brews in Rwanda’s Capital CityAs supply for the Hong Kong dollar tightened,

Hong Kong’s share benchmark plunged more than 9% and other Chinese markets gave up much of their early gains Tuesday as traders dumped shares following recent rallies. Shares elsewhere in Asia and in Europe were mostly lower,