(BBC) European markets have followed Asian markets lower on Tuesday as investors continued to dump shares. London, Frankfurt and Paris all fell sharply at the open with losses of up to 3%, before recovering some ground. In the US overnight the Dow lost 4.6%. Japan’s Nikkei 225 closed down 4.7%. The sell-off began last week after data in the US showed stronger wage growth, which raised expectations that US interest rates might start to rise more quickly to tackle inflation.