Hong Kong/LondonCNN Business — 

Global stock markets retreated Thursday after the Federal Reserve sparked a major sell-off on Wall Street by signaling it may unwind economic stimulus more aggressively than investors had expected.

Some markets in Asia fell sharply, with Japan’s benchmark Nikkei and Australia’s S&P/ASX 200 sliding 2.9% and 2.7%, respectively. South Korea’s Kospi

(KOSPI) slid 1.1%. Stocks in China were flat.

European stocks fell at the open. In afternoon trading, France’s CAC 40

(CAC40) was down 1.3%, while Germany’s DAX 30
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