Data showing Japan slipped into recession in the third quarter raised concerns Monday about global economic health, hitting stocks and the price of oil.
Before recovering slightly, European shares fell, and Wall Street looked set to open lower, according to index futures .
The Nikkei index lost 3 percent, its biggest one-day drop since August, after the news that the world's third-largest economy unexpectedly shrank by an annualized 1.6 percent in the July-September period.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.