U.S. crude oil futures fell after data showed a hefty build in inventories.
Asian equity markets rebounded on Wednesday after a rate hike from the Turkish central bank soothed worries over volatility in emerging markets.
Stocks climbed on Tuesday, with the Dow rising after a five-session losing streak.
U.S. stock index futures struggled around the flatine Wednesday, a day after an aggressive rate hike from the Turkish central bank and as investors looked ahead to the Federal Reserve's next move on stimulus.
Treasury prices were little changed before a $32 billion auction of two-year fixed-rate notes.
U.S. crude rose nearly $2, narrowing its discount to Brent as traders expected data to show supplies were draining from a delivery point.
Safe-haven currencies like the yen and the Swiss franc were much in demand on Monday as an emerging markets sell-off continued.
The dollar regained a firmer footing against the yen on Tuesday as investors took a breather from a sell-off of stocks and emerging market assets.
Asian equity markets stabilized on Tuesday following two straight sessions of sharp losses but caution prevailed ahead of a Federal Reserve meeting.
The yen rose against the dollar, suggesting emergency action to stabilize Turkey would not be enough to quell nerves over emerging markets.
U.S. stock index futures pointed to a mixed open as global markets awaited word from the Federal Reserve on further tapering.
Stocks declined on Monday, with the Dow Jones Industrial Average losing steam in the wake of its worst week since November 2011.
U.S. bonds edged lower on Monday, with the market looking ahead to the Federal Reserve's monthly policy meeting, which starts on Tuesday.
European equities closed lower on Monday, falling to their lowest levels in more than a month.
The yen, Swiss franc and euro charged higher amid worries about a China slowdown and turmoil in some emerging markets.
Gold settled modestly lower on Monday after hitting 10-week highs overnight on weakness in global stocks, but gains were limited.
Stocks declined sharply on Thursday after a gauge of Chinese manufacturing disappointed.
Asian equities kicked off the week with sharp losses as fears over emerging markets continued to spook investors.
U.S. stocks fell sharply on Friday, with the Dow posting its worst week since May 2012.
U.S. stock index futures pointed to a positive open on Wall Street on Monday, ahead of the busiest week of fourth quarter earnings season.
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