A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange…
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange, April 1, 2020.

Europe’s key stock indexes were all trading in negative territory Wednesday as unwelcome news stemming from the coronavirus pandemic continues.

London’s FTSE, the CAC-40 in Paris and Frankfurt’s DAX indexes were all trading more than 3% lower by mid-morning.  The region’s losses followed major losses in Asia, led by Japan’s Nikkei index, which declined more than 850 points, or 4.5% of its value.

Investors pulled back after new data revealed Japan’s biggest slowdown in manufacturing activity in nearly a decade.

Elsewhere in Asia, the Hang Seng in Hong Kong lost just over 2% at the end of  Wednesday’s session, while the Shanghai index on mainland China lost more than one-half of one percent.

Australia’s S&P/ASX index proved to be the region’s lone bright spot, gaining 3.5% Wednesday.

The bad day in Asia was a spillover from Tuesday’s losses on Wall Street, with the Dow Jones, the S&P 500 and the NASDAQ all falling one percent or more.  The Dow’s quarter ended with its worst three-month period since 1987, losing 23% of its value.  The S&P lost over 20% for the period, its worst quarterly showing in more than a decade.