ChainCatcher news, following a sharp decline into a bear market on Monday, the Japanese stock market rebounded strongly on Tuesday. The Nikkei 225 index and the Topix index rebounded nearly 10%, marking the largest increase since October 2008; after the yen fell about 1% against the dollar, export stocks such as technology companies and automakers surged. The significant fluctuations in the stock market triggered the circuit breaker mechanism for Nikkei index futures, while the implied volatility of the index also retreated from its highest level since 2008.Nomura Asset Management Chief Strategist Hideyuki Ishiguro stated, "The panic selling may have ended, but today's market movements could still be a roller coaster, as global market anxiety remains very high."