European shares closed higher on Tuesday, as the imminent threat of Western military action against Syria receded and fresh Chinese data boosted investor sentiment.
Oil prices slid more than $2 a barrel on Tuesday, as Syria accepted a Russian proposal to give up its chemical weapons, which made investors less nervous.
Gold fell 2 percent on Tuesday after Syria accepted a Russian proposal to give up chemical weapons to avert a U.S. strike.
The dollar rose to a near seven-week high against the yen on Tuesday as easing tensions over Syria and encouraging Chinese economic data eroded demand for the safe-haven Japanese currency.
Asian stock markets extended the previous day's rally after the latest batch of economic data from China boosted regional confidence.
Stocks kicked off the first trading day of the week with a bang, with the Dow having its best day in two months, lifted by upbeat economic data from China and despite ongoing worries over Syria.
Megan McGrath of MKM Partners and Robert Wetenhall from RBC Capital Markets disclose their top housing plays.
David Katz, Matrix Asset Advisors, and Jerry Castellini, CastleArk Management, provide their top market plays ahead of President Obama's planned address on Syria Tuesday night.
Bond yields fell as more investors bet that the Federal Reserve may reduce bond purchases by less than previously thought.
Oil eased on Monday, with investors focused on Syria after Russia and China again urged the United States to avoid military action.
Gold edged lower as the euro eased on Monday but a possible delay in the Fed's decision to taper off its bond-buying program could boost its appeal.
The dollar slipped against most major currencies on Monday after last week's disappointing U.S. jobs data fueled uncertainty about whether the Federal Reserve will begin to taper its stimulus program this month.
Asian stocks kicked off the week with solid gains after a spate of positive data underscored signs of stability in the world's second and third-largest economies.
The dollar fell from a seven-week high against the euro on Friday after an eagerly anticipated U.S. jobs report disappointed investors hoping for data that would pave the way for the Federal Reserve to begin unwinding its monetary stimulus this month.
A U.S. bond rally pushed benchmark 10-year yields back below 3 percent on Friday after government data showing subdued U.S. job growth left traders wondering whether the Federal Reserve would trim its bond purchases as promptly as some had thought.
Stocks capped a wildly volatile trading session flat as a pancake following the monthly government jobs report and amid ongoing jitters over Syria. Still, the Dow snapped a four-week losing streak.
Gold prices jumped on Friday after U.S. non-farm payrolls data missed expectations, curbing expectations that the Federal Reserve is set to start paring back its $85 billion monthly bond-buying program.
Oil staged a brisk rally on Friday, with U.S. oil jumping to a more than 2 year high above $110, bolstered by renewed concerns about a potential conflict in Syria.
European shares closed higher on Friday, boosted by weak U.S. jobs data that assuaged fears of an imminent end to quantitative easing.
Asian stocks rose on Friday but trade was cautious ahead of a crucial U.S. jobs report that could determine if the Federal Reserve reduces its stimulus program later this month.
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