Stocks finished at their lows of the session amid steep selling in government bonds around the world stoked by a hawkish sounding Monetary Policy Committee, amid a noticeable pick-up in a key gauge of stockmarket volatility on the Continent.
Thursday's batch of Federal Reserve speakers was not especially 'hawkish', but the Bank of England's unexpectedly 'hawkish' take on the outlook for interest rates appears to have rekindled some of the market's concerns regarding inflation and where rates may be headed - even in the medium-term.
Binance, One of the largest cryptocurrency exchanges, has caused panic amongst users by suspending trading and withdrawals for a 12-hour period.
Shares in Welsh Technology firm IQE have tumbled almost 19% after Muddy Waters Capital raised concerns about the company's accounting.
Social media giant Twitter posted its first net quarterly profit in history on Thursday, as rising sales of video advertising space across the microblog helped offset concerns over user numbers falling short of expectations on the Street.
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data from the Labor Department.
The Wall Street Journal is reporting that the Trump administration covertly communicated with Iran in an attempt to negotiate prisoner releases from both sides.
Markets in Asia finished higher on Thursday, as the region finally rallied together to stage a recovery on the big losses seen earlier in the week.
US futures pointed to muted open on Wall Street on Thursday as a semblance of calm returns to markets following heavy losses this week.
Elon Musk’s electric car and battery company Tesla has revealed the biggest quarterly loss in the company’s history, though it was not as bad as Wall Street estimates had feared.
China's currency slumped overnight after hitting a two-year high the day before, following the release of weaker than expected foreign trade data, which some investors believe may goad Beijing nearer to loosening capital controls as a means of offsetting recent strength in the yuan.
Wall Street reversed earlier gains and the previous day's recovery on Wednesday, with wary traders sending the main indices into the red, while officials at the Federal Reserve appeared to be taking a 'hands-off' approach to the recent sell-off.