European equities finished higher, despite a speech by the European Central Bank disappointing market watchers.
Gold edged down to a three-month low on Wednesday, failing to benefit from a softer dollar, as pressure from an anticipated rate hike persisted.
Oil prices fell about 3 percent on Wednesday to their lowest since August on worries over growing crude inventories.
The dollar edged down on as investors took advantage of the thin holiday trading session.
Asian stocks mostly edged up on Wednesday following fresh economic data from China that largely met expectations.
U.S. stocks closed narrowly mixed Tuesday, pressured by a more than 3 percent decline in Apple.
U.S. bonds traded near the flatline on Tuesday ahead of an auction of $24 billion in benchmark 10-year Treasury notes.
European equities closed mixed on Tuesday as investors tried to shake off concerns over China and commodities.
Gold fell towards a three-month low on Tuesday as the dollar hit a seven-month peak on prospects the Fed will raise interest rates in December.
Oil prices settled higher on Tuesday after the International Energy Agency noted unprecedented declines in investment.
Wall Street looked set for a higher open on Wednesday, with trade seen quiet due to Veterans Day in the U.S. and Armistice Day in most of Europe.
The dollar rose towards a seven-month peak against a basket of major currencies on Tuesday.
Asian shares retreated on Tuesday, as a fresh batch of Chinese data added to the uncertainty from a looming rate hike in the U.S.
European equities close lower Monday, as investors mulled weak Chinese trade data and the increasing possibility of a rate hike by the Fed next month.
Oil prices edged lower Monday after data showed fresh builds at the delivery point for U.S. crude futures.
The price of gold edged modestly up on Monday, snapping an eight-day losing streak as the dollar retreated, but still hovered near a 3-month low.
The dollar fell against major world currencies on Monday as investors took profits on the greenback's surge last week.
Asian stocks outside China and Japan mostly retreated on Monday, following below-view trade figures released at the weekend from China.
U.S. stock index futures fell on Monday as markets awaited hints on how the Fed would respond to the jobs data and the OECD cut its outlook for world growth.
U.S. stocks closed mixed, but held solid gains for the week after a strong jobs report increased confidence in the likelihood of a December hike.