The Dow dropped two percent at midday Thursday as Wall Street losses deepened amid concerns over higher Treasury bond yields and the prospects for more Federal Reserve interest rate hikes.

Iran warned South Korea's electronics giant Samsung of "repercussions" on Thursday after its delegation to the Winter Olympics was excluded from a handout of free top-of-the-range smartphones to participants.

Exploratory drilling by Italy's Eni and France's Total have discovered "extensive" gas reserves off Cyprus, Energy Minister George Lakkotrypis said Thursday.

Germany's second-largest lender Commerzbank said Thursday that net profit fell by nearly half last year as it grapples with a costly restructuring.

Trader Afzal Baig tugs at his horse, frustrated by its stubborn refusal to take another step along a treacherous, snow-covered mountain pass that is peppered with the skeletons of those who have already failed the journey.

European stock markets mounted a modest recovery Wednesday but Wall Street appeared headed for more volatility a day after spectacular price swings kept breathless investors on the edge of their seats.

Tokyo stocks rebounded slightly in a rollercoaster session on Wednesday after Wall Street finished the previous day with solid gains following a global rout.

German industrial production lost some momentum in December, but not enough to cloud the generally bright outlook for Europe's largest economy, official data showed Wednesday.

Panic gripped trading floors across the world on Tuesday, with Asia and Europe plunging after record-breaking losses on Wall Street, as investors fretted over the prospect of rising US interest rates and took profits following months of markets euphoria.

The White House said Monday that President Donald Trump was focused on the long-term health of the economy, claiming the fundamentals were "exceptionally strong," despite a strong market sell-off.