European equities reversed sharp gains to finish firmly in the red on Thursday, following comments by Mario Draghi, the president of the European Central Bank (ECB) and a sharp slip in commodity prices.
The pan-European Stoxx 600 index fell 1.7 percent by the close, with all sectors closing in the red. Autos was the worst performer, off 4.1 percent as a sector.
All major bourses finished in negative territory, with London's FTSE tumbling 1.8 percent following a sell-off in mining stocks. Despite earlier highs, France's CAC slipped 1.7 percent and Germany's DAX slumped 2.3 percent by the close.