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·         European markets opened mixed on Wednesday morning, as the long-awaited U.S. tax overhaul wound its way through Congress.

The pan-European Stoxx 600 was broadly flat shortly after the opening bell with most sectors and major bourses pointing in opposite directions.

·         Asian shares bobbed lower in a choppy session on Wednesday, hobbled by Wall Street’s losses as the long-awaited U.S. tax reform bill wound its way through Congress, while higher Treasury yields underpinned the dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down slightly in afternoon trade, while Japan's Nikkei stock index .N225 finished up 0.1 percent.

 ·         Japanese stocks eked out modest gains on Wednesday in choppy trade as strength in financials offset a sustained sell-off in construction shares amid a suspected bid-rigging scandal.

The Nikkei share average edged up 0.1 percent to 22,891.72 after trading in the red.

The construction sector slipped 0.7 percent and was the second worst sectoral performer, with Taisei Corp sliding 2.7 percent after the Nikkei business daily reported that the construction firm had asked rival Obayashi Corp to refrain from bidding on a project for magnetic levitation (maglev) trains.

·         China stocks fell on Wednesday in thin trade and as liquidity in the banking system tightened.

At the close, the Shanghai Composite index was down 8.93 points or 0.27 percent at 3,287.61

Reference: Reuters, CNBC