European shares closed lower on Wednesday as concerns increased regarding the stability of the Italian banking system.
The dollar took a breather from its run since the November 8 U.S. presidential election.
The dollar's retreat prompted some buyers to hunt for bargains after gold's sharp slide from its November high.
Oil prices edged up in tepid trading on Thursday, supported by strong U.S. data, a pause in the U.S. dollar rally.
Stocks rose as investors remained unfazed by geopolitical tensions, while the Dow Jones industrial average kept marching toward 20,000.
U.S. stock index futures pointed to a lower open on Wednesday as traders remained unfazed by geopolitical tensions.
Asian markets ended mixed on Wednesday, after the Dow hit a new record close overnight just shy of the psychological 20,000 level.
U.S. stock index futures pointed to a higher open on Tuesday morning in low-volume trade ahead of a slew of earnings.
U.S. government debt prices were lower on Tuesday in low volume trade as investors remained unfazed by geopolitical tension.
European stocks closed higher on Tuesday with investors digesting news of two separate attacks in the German and Turkish capitals.
The dollar was boosted by Fed comments that kept alive market expectations for a faster pace of U.S. interest rate hikes next year.
Analysts polled by Reuters expected weekly U.S. crude oil inventories to show a draw of 2.4 million barrels in the week ending Dec. 16.
Markets focused on the possibility of further U.S. interest rate hikes next year.
The Nasdaq 100 hit a fresh all-time intraday high, while the three major indexes closed within 0.75 percent of their record highs.
U.S. government debt prices were higher on Monday morning as investors await Fed Chair Janet Yellen's forthcoming speech on the jobs market.
Asian shares traded mostly higher on Tuesday with the exception of mainland China and Hong Kong markets weighed by continued yuan weakness.
European shares closed slightly lower on Monday as investors digested economic data from Germany.
The yen jumped on Monday on safehaven bids following news the Russian ambassador to Turkey was gunned down in the Turkish capital.
The oil market is waiting to see whether U.S. production from shale fields will grow enough to offset planned output cuts by OPEC.
Gold extended its recovery from a 10-1/2-month low hit last week.