Canada's benchmark S&P/TSX finished down 68.39 point, or 1%, at 6541.97.

European markets closed mostly lower. In London, the Financial Times-Stock Exchange 100 index finished down 18.90 points, or 0.47%, to 4,013.50, as economic reports showed manufacturing output in the U.K. fell 0.7% in October and housing prices surged at a 29% annual rate due to low interest rates. In Germany, the DAX lost 17.21 points, or 0.53%, to 3,207.53 on increasing worries over economic growth. In France, the CAC 40 Index finished up 27.73 points, or 0.88%, to 3,185.77.

Asia markets finished down. In Japan, the Nikkei 225 index finished down 54.31 points, or 0.61%, to close at 8,863.26. In Hong Kong, the benchmark Hang Seng index ended down 36.13 points, or 0.36%, to close at 9,973.75.