Still wobbly from aggressive trading just a few days earlier, the world's industrial and precious metals market was rocked further by a major sell-off on Friday, according to Reuters.

The movement began in Asia on Thursday night and carried over into Europe on Friday morning. By press time here in the U.S., it was unclear if the trend would continue to follow the sun.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.