Canada's benchmark S&P/TSX fell 62.10 points, or 0.99%, to 6,228.63.
European markets finished lower after Alstom SA and Julius Baer Holding AG became the latest companies in the region to post record losses or cut dividends. In London, the Financial Times-Stock Exchange 100 index fell 165.70 points, or 4.8%, to 3,287, while the German and French markets slumped for the seventh straight day.
In Germany, the DAX index fell 102.34 points, or 4.44%, to 2,202.96, while France's CAC 40 index lost 90.38 points, or 3.62%, to 2,403.04.
Asian markets climbed after two miserable days in the Japanese stock market. In Tokyo, the Nikkei 225 index climbed 80.61 points, or 1.03%, to close at 7,943.04. The Nikkei reached a 20-year low point earlier this week.
In Hong Kong, the benchmark Hang Seng index climbed 15.06 points, or 0.17%, to close at 8,874.99.