European shares trimmed losses to close lower on Tuesday, but investors remained cautious about the Federal Reserve's two-day policy meeting.
Crude futures skidded on Tuesday, adding to the prior session's steep losses, as easing worries over Syria calmed Middle East supply fears.
Gold settled under $1,310 an ounce on prospects that the Fed will announce a modest reduction in its bond-buying stimulus at its two-day meeting.
Asian equity markets ended mostly lower on Tuesday amid anticipation of a reduction in U.S. stimulus ahead of the Federal Reserve's two-day policy meeting.
Stocks eased off their best levels Monday but still finished sharply higher, boosted by news that Larry Summers had pulled out of the race to be the next head of the Federal Reserve. Still, the Nasdaq finished lower, dragged by sharp losses in Apple.
Yields on government debt fell to their lowest levels so far in September on news Larry Summers withdrew from possible nomination as Fed chief.
European stocks closed at five-year highs on Monday, boosted by the news that Larry Summers had withdrawn his name from the race to succeed Ben Bernanke as Federal Reserve chairman.
Global oil prices fell on Monday, after U.S. and Russian officials reached a weekend deal to remove Syria's chemical weapons, easing investor worries.
Gold settled higher on Monday, with markets expecting the Federal Reserve to begin tapering its commodity-boosting monetary stimulus soon.
The dollar fell to a four-week low on Monday after former U.S. Treasury Secretary Lawrence Summers withdrew his name as a candidate to lead the Federal Reserve.
Asian equities outside of Shanghai rose on Monday after Lawrence Summers pulled out of the race to lead the Federal Reserve but trading volumes were thin with Japanese markets shut for a holiday.
Stocks closed higher Friday, with the Dow posting its second best weekly gain this year, as investors looked ahead to next week's Federal Reserve policy meeting and shrugged off an earlier batch of tepid economic reports.
Futures for the U.S. Treasury 10-year note leaped over a full point as investors took yields lower after Larry Summers withdrew his name from the Fed chief race.
European shares closed higher on Friday, despite investors' caution ahead of the Federal Reserve's meeting next week.
Gold fell to a five-week low on Friday, heading for its weakest week in two months on prospects the US would curb its stimulus soon.
Brent crude oil fell below $112 a barrel on Friday after the U.S. and Russian foreign ministers agreed to push for a conference to end Syria's civil war.
The dollar weakened against the euro and yen as investors adjusted positions ahead of the weekend and next week's U.S. Federal Reserve policy-setting meeting.
Asian equities were lower on the final trading day of the week due to profit-taking and caution ahead of the Federal Reserve's policy meeting next week but Japan bucked the trend on media reports of Lawrence Summers as the next Fed chief.
Stocks closed near their lows Thursday after crawling along the flatline for most of the session in lackluster trading, as investors paused after the recent market run-up and ahead of the Federal Reserve's policy-setting meeting.
European shares closed down, but off session lows on Thursday, after investor confidence took a hit earlier in the session.