US stocks tumbled on Wednesday, with the S&P 500 plunging 2.5 percent.
Elsewhere, stock markets were mixed.
The STOXX Europe 600 rose 0.4 percent for its second consecutive day of gains.
In Asia, the Nikkei 225 jumped 2.9 percent but the Shanghai Composite Index fell 2.4 percent.
Oil also saw mixed fortunes on Wednesday.
Brent oil fell 1.8 percent to its lowest close since April 2004 but West Texas Intermediate crude was little changed.
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