Wall Street looked set for a higher open on Wednesday, after the Republican Party took control of the Senate.
Treasury yields fell on a gloomier outlook for the European economy and four-year lows for oil prices, boosting demand for U.S. government bonds.
European stock indexes accelerated losses to close lower on Tuesday, after seesawing during the trading session.
Spot gold rose, boosted by a drop in the dollar index and expectations of Asian physical demand following bullion's tumble to a four-year low.
Oil dived more than 3 percent on Tuesday to multi-year lows, as Saudi Arabia's sharp cut in export prices to the U.S. looked likely to deepen a supply glut.
The euro rallied on Tuesday on a report citing internal tensions within the European Central Bank over the leadership of its chief, Mario Draghi.
Asia equities were mixed on Tuesday with Japan's benchmark index outperforming the region and leaping to fresh seven-year highs.
Stocks rose Monday, after October gains left the Dow Jones Industrial Average and S&P 500 at records.
Yields for US Treasurys rose on Monday as the markets traded sideways on generally strong economic data.
U.S. indexes looked set to open slightly lower on Tuesday, but tumbling oil prices likely to weigh again on Wall Street.
All major European indexes closed lower on Monday after data revealed euro zone manufacturing activity expanded less than expected in October.
Gold fell on Monday to near a recent four-year low as the dollar index rose to its highest since mid-2010.
Global oil prices spiked at midday on Monday, with benchmark Brent turning positive after a big hike in Saudi Arabia's monthly export prices.
The dollar topped 114 yen on Monday, its highest level in nearly seven years, extending gains spurred by the Bank of Japan's decision last week.
Asian equities were mixed on the first trading day of November as investors digested a raft of Chinese data.
Stocks rose Friday after the Bank of Japan unexpectedly expanded stimulus, sparking hopes for the global economy.
Wall Street looked to fall at the open on Monday, as disappointing European and Chinese data hit global market sentiment.
U.S. government bonds declined on Friday, as better-than-expected U.S. third quarter growth hit demand for "safe haven" assets.
Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.
Gold and silver slumped to their lowest since 2010 as the dollar & stock markets soared following a new round of quantitative easing.
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Key members of OPEC are refusing to prop up oil prices, a Reuters survey shows, as its oil output increased this month.
The euro zone slid further into deflation in January, ahead of the launch of the European Central Bank's full-blown bond-buying program.
China is moving into the United States' backyard——but it's not clear if this is a bad thing for anyone.