Nikkei slips 5%; Italian banks suspended

Squawk Box Live tracked the latest in global asset markets amid a continued sell-off for stocks on Tuesday morning. Japan's Nikkei closed nearly 5.5 percent lower and the yield on the Japanese 10-year treasury fell into negative territory for the first time ever.

European markets saw a slight rebound at the open Tuesday, but quickly turned lower with a plunge for the shares of Italian banks.

Here's how the morning unfolded.

(App users please click here).