Financial markets worldwide have calmed, leading to a recovery in stocks and a decrease in oil prices. The S&P 500 saw a significant increase, climbing 0.8% and making up for its loss from the previous day.

The Dow Jones Industrial Average and Nasdaq composite also rose, with the latter experiencing a 1.3% rally. In the oil market, the price of Brent crude fell 2.2% to $76.30 per barrel, down from $78.02 the day before.

Further details on the current state of financial markets and oil prices are available from KSAT 12.