Asian indices were mostly lower on Wednesday as sluggish economic data from China spooked markets that were already under strain from political uncertainty in Greece and a rout in oil prices.
Stocks declined on Tuesday, extending losses into a second session, as oil rebounded from a five-year low.
The Treasury Department auctioned $25 billion of 3-year notes at a high yield of 1.066 percent, the same level set in September.
U.S. stock index futures signaled a lower open on Wednesday after recovering much of the losses from Tuesday's volatile session.
European shares closed sharply lower on Tuesday as a slide in Chinese and Greek equities weighed on investor sentiment.
Gold rose for a second straight session on Tuesday, reversing earlier losses to trade above $1,200 an ounce.
Brent crude pared losses after hitting a five-year low on Tuesday and plunging more than 4 percent the day before.
The yen rose strongly on Tuesday as a further drop in oil prices hit risk appetite.
China's benchmark index tumbled as much as 6 percent in the last hour of trade after rallying to a three-and-half-year high of 3,091 points earlier.
U.S. stock index futures signaled a lower open on Tuesday, tracking declines in global markets as oil crashed to a fresh five-year low.
Stocks declined Monday as trade numbers from China came in below expectations and oil companies were knocked by the falling price of crude.
European shares closed lower on Monday, with construction stocks continuing to weigh heavily after Wall Street opened down.
World oil prices slid to new five-year lows on Monday after a core OPEC member said crude will remain at $65 for several months.
Gold firmed as European equities fell, but prices struggled to reach the $1,200 per ounce level.
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
Asian equities were mostly higher on Monday as investors brushed off weak data, with China's benchmark index rising to a three-year high.
Stocks rose Friday after a stronger-than-expected November payrolls report.
U.S. stock index futures declined on Monday, following weak economic data from Asia and after Morgan Stanley slashed its forecast for oil prices.
U.S. Treasurys dropped sharply on Friday after strong monthly U.S. nonfarm payrolls data that boosted expectations for a Fed interest rate hike.
European shares closed sharply higher on Friday after the U.S. monthly jobs report showed the economy adding 321,000 jobs in November.
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