European stock markets ended the day on a down note, reaching a six-month low as global economic data continued to raise concerns. Investors were closely monitoring factors such as inflation rates, interest rates, and the overall state of the global economy.

The pan-European Stoxx 600 index provisionally closed 0.2% lower, marking its fifth consecutive decline and its lowest closing point since March 28, according to data from LSEG.

Within the market, insurance stocks experienced a 1.7% decline, while oil and gas stocks saw a 1.6% increase due to a surge in oil prices.

Meanwhile, in the Asia-Pacific region, markets reversed earlier losses and traded mostly higher on Wednesday. Investors were assessing China's industrial data and Australia's August inflation figures.

In contrast, U.S. stocks initially opened higher but later turned negative. This shift occurred after disappointing reports on home sales and consumer confidence, which fell short of expectations. These developments raised concerns about the overall state of the U.S. economy.

The Stoxx 600, Europe's benchmark index, closed at its lowest level since March 28, according to LSEG data. This decline was attributed to ongoing worries about the combined impact of inflation and slowing economic growth.

Specifically, the UK's FTSE 100 slipped by 0.4% during the session, Germany's DAX was down by 0.3%, and France's CAC 40 remained relatively flat.

For the month to date, the Stoxx index has fallen by 2.3%, which is slightly better than the 2.8% decline it experienced in August.