European shares have ended down while Japan plummeted 7.2% on weak data from China and Europe.
In Dublin the ISEQ was down 28 points (0.2%) to 4,041. Shares in Elan were up 2.5% to €9.47, while shares in Donegal rose 2.3% to €4.91. Meanwhile shares in Kingspan were down 2% to €9.25, while shares in Aer Lingus were down 1.8% to €1.56.
In London the FTSE was 143 points (2.1%) lower at 6,697. In Paris the CAC was down 84 points (2.1%) to 3,967, while in Frankfurt the DAX was down 179 points (2.1%) to 8,352.
In afternoon trading in New York the Dow Jones was down 15 points (0.1%) to 15,292 while the Nasdaq was nine points (0.2%) lower at 3,455.
Those Fed comments and weakness in China's factory activity rattled Asian markets in earlier trade today. Tokyo's Nikkei index slumped by 1,143 points (7.3%) to close at 14,483.98, its worst drop since the 2011 tsunami. The Hang Seng index in Hong Kong sank 591 points (2.5%) to finish at 22,670.