European stock markets finished with sharp losses amid the surprisingly weak job data in the U.S. and the continued specter of high oil prices.
London's Financial Times-Stock Exchange 100 index fell 75.5 points, or 1.71%, to 4,337.9, despite earlier gains in the banking sector. In Paris, the CAC 40 lost 94.34 points, or 2.6%, to 3,528.64. Germany's DAX index declined 94.34 points, or 2.6%, at 3,528.64.
Asian stock markets tumbled overnight on worries about stubbornly high oil prices. Japan's Nikkei 225 index fell 88.32 points, or 0.8%, to 10,972.57. In Hong Kong, the Hang Seng index fell 13.24 points, or 0.11%, 12,478.68.