U.S. stocks closed lower, pressured by continued concerns about global economic growth, low oil prices and increased geopolitical tensions.
European markets closed sharply lower on Wednesday after geopolitical risks increased uncertainty among investors.
Asian markets remained pressured Wednesday after North Korea's purported nuclear test. But markets in China bucked the trend to finish solidly higher.
U.S. stocks closed narrowly mixed Tuesday, stabilizing after a sharply lower start to the year, amid pressure from declines in oil prices and Apple stock.
U.S. Treasury bonds and notes were mixed on Tuesday, as jittery Chinese markets weighed on risk sentiment and boosted demand for "safe-haven" assets.
European markets finished higher on Tuesday, as global sentiment regained some ground after steep falls in the previous session.
China's shares took a wild ride Tuesday, darting between gains and losses to close mixed, while other Asia markets retraced some declines.
U.S. stock index futures indicated a sharply lower open on Thursday after trading in China was suspended for the second time in a week.
U.S. oil tumbled 5.56 percent after a sharp rise in U.S. gasoline inventories.
The yen rose on Tuesday as traders sought safety in the low-risk currency on anxiety about sluggish global growth.
The dollar weakened against a basket of currencies on Wednesday after the release of the FOMC minutes from its December meeting.
Oil fell on fears about China's economic growth and a stronger U.S. dollar, returning some of the gains triggered by Middle East tensions.
Gold added to an overnight price surge, as geopolitical tension in the Middle East and a global stock market rout triggered safe-haven bids.
U.S. stock index futures pared losses to point to flat to higher open as oil struggled for gains amid pressure from jittery Chinese markets.
Gold hit a seven-week high, extending gains for a third session, as persistent concerns over the Chinese economy battered stock markets.