Stocks dropped around the world as Kazakhstan became the latest country to abandon control of its currency, signaling growing strain facing emerging economies.

Global Stocks:

Nikkei 20,033.52 -189.11 -0.94%

Hang Seng 22,757.47 -410.38 -1.77%

Shanghai Composite 3,665.58 -128.53 -3.39%

FTSE 6,402.69 -0.76 -0.01%

CAC 4,844.09 -40.01 -0.82%

DAX 10,634.9 -47.25 -0.44%

Crude oil $40.78 (-0.05%)

Gold $1140.80 (+1.16%)