However commodity futures were on the rise this afternoon, following reports China would resume trade talks with the US later this month.
Copper futures were showing a gain of 1.63% at the time of writing but remain near a 13-month low.
Metals and mining stocks sank 5.93% in New York yesterday, with Freeport-McMoRan (NYSE: FCX) closing down 7.7% and Newmont Mining (NYSE: NEM) down 6.3%.
On London's FTSE100, the metals and mining sector fell 4.92% yesterday.
Anglo American (LSE: AAL) closed 6.2% lower and Glencore (LSE: GLEN) was down more than 5.6%.
The S&P/TSX Composite Index's metals and miners were down 5.65% and IAMGOLD (TSX: IMG) lost more than 8.1%.
In Australia, the benchmark S&P/ASX200 had metals and mining stocks down more than 2% at the time of writing.
BHP (ASX: BHP) was down more than 2.3% and diversified miner and services company Mineral Resources (ASX: MIN) was 7.2% lower in afternoon trade.