Closing changes for the main European bourses:

  • UK FTSE 100 -2.0% -- worst day in nearly two months
  • German DAX -1.6% -- worst day since Jan
  • French CAC -2.2% -- worst of 2021
  • Spain IBEX -2.0% -- worst of 2021
  • Italy MIB -2.4% -- worst of 2021

That's not a pretty picture. US equities are also at the lows of the day with the S&P 500 down 1%.