Major world indices decreased on Wednesday with the DJIA down 1.56%, S&P 500 down 1.17%, NASDAQ down 0.12%. Commodities also fell with gold down 1.06% and oil down 1.47%. Volatility increased sharply with the VIX rising 5.91%. European indices saw larger declines with Germany's DAX down 2.82%, UK's FTSE 100 down 3.46% and Euro Stoxx 50 down 3.97%.