In London, shares fell after several poor trading reports came to light and the FTSE 100 fell by 125.7 points, or 1.9%, to 6,498.7.
Reckitt Benckiser shares saw the biggest gains, up 31 points, or 1.14%, to £27.48. Imperial Tobacco gained 18 points, or 0.78%, to £23.13, followed by Yell Group, up 3.25 points, or 0.69%, to 472.5p. Man Group shares added 4 points, or 0.66%, to 613.5p and Barclays shares climbed 3.5 points, or 0.48%, to 738.5p.
British Energy Group made major losses by the end of trading, down 24 points, or 4.5%, to 509p. Old Mutual shares fell 6.9 points, or 3.93%, to 168.7p, and Lonmin shares lost 145 points, or 3.88%, to £35.90.
On Wall Street, markets fell in early trading after further reports revealed some disappointing earnings and the Dow Jones lost 68.28 points, or 0.49%, to 13,875.14.
Shares in Verzion saw the biggest gains as the market opened, up 0.64, or 1.5%, to 43.43. Procter & Gamble shares added 0.85, or 1.34%, to 64.19, followed by Wal-Mart, which gained 0.36, or 0.75%, to 48.47. Merck shares were up 0.37, or 0.71%, to 52.7, and Disney shares climbed 0.18, or 0.51%, to 35.21.
Du Pont shares made major losses after earnings fell short of expectations, down 2.87, or 5.39%, to 50.39. American Express shares fell 2.16, or 3.34%, to 62.5, and JP Morgan dropped 0.72, or 1.53%, to 46.43.
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