European stock markets finished sharply lower on Wednesday, as investors assessed a mixed bag of corporate news, with shares in Dialog Semiconductor PLC and London Stock Exchange Group PLC dropping.

U.S. stocks closed down Wednesday, but off their session lows, as weaker-than-expected private-sector jobs data and a slide in worker productivity eclipsed reports of strength in the services industry.

Asian shares slid for a seventh day, their longest losing streak of the year, and the dollar extended gains versus the yen. Crude rallied after data showed U.S. output fell the most in eight months and as wildfires disrupted production in Canada. Financial markets are shut for holidays in Indonesia, Japan, South Korea and Thailand.

Based on MarketWatch materials