Markets in Asia fell sharply.

The Nikkei fell 11% to 8,658.

The Hang Seng fell 7.6% to 14,786.

The Shanghai Composite moved down by 3.8% to 1,919.

In Europe, the FTSE opened down 2.5% to 3,980. The DAX fell 5.1% to 4,617. The CAC 40 was down 5.2% to 3,207

Data from Reuters.

Douglas A. McIntyre