Fears that the Federal Reserve could raise interest rates sooner rather than later sent Asian indices spiraling on Wednesday.
Stocks fell Tuesday, extending losses after the S&P 500's biggest drop in a month.
Treasurys yields held near their highest levels in over a month on Tuesday after the Treasury Department auctioned $27B in three-year notes.
Stock index futures pointed to a weaker open on Wall Street after President Barack Obama announced new plans to fight Islamic State militants.
Wall Street was seen opening flat-to-higher on Wednesday, despite fears the Fed could raise rates sooner rather than later.
European shares closed lower on Tuesday, with investors cautious regarding an upcoming independence vote for Scotland.
Crude was mixed on Tuesday, with U.S. oil ending marginally higher while Brent fell, amid expectations of ample supply ahead of inventory data.
Gold hovered near its lowest in three months, dimming the metal's appeal as a currency hedge.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
Stocks slipped Monday after a fifth week of gains lifted the S&P 500 to a record, with the Dow industrials close behind.
U.S. stock index futures turned higher on Tuesday, ahead of what is likely to be a quiet day for economic news.
U.S. Treasury yields fell amid fresh upheaval in the Ukraine and news that voters were leaning in favor of an independent Scotland.
European shares closed lower on Monday, with the decline led by the U.K.'s FTSE 100 after weak trade data from China.
Oil tumbled by nearly $1 on Monday, as Chinese and U.S. data pointed to slower-than-expected growth in the world's top oil consumers.
Gold settled at a three-month low on Monday as the dollar recovered losses made after a disappointing U.S. jobs report.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
Asian equities started the week mixed on Monday as investors focused on a raft of economic data in China and Japan.
The U.S. Treasury bond curve flattened ahead of the U.S. August non-farm payrolls report due later on Friday.
Stocks rose on Friday as investors bypassed a surprisingly disappointing jobs report.
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