European stocks posted strong gains by Tuesday's close, helping by positive trade in Asia and a rebound in mining stocks.
Asian equities bounced back in afternoon trade after a mixed, but volatile reaction to the slew of data released by Beijing.
U.S. oil futures erased earlier gains, settling below the key $29 mark.
Gold fell as the dollar and equity markets rose after data showing China's weakest economic growth in years fanned stimulus hopes.
U.S. stock index futures pointed to a sharply lower open, as European and Asian shares tumbled in the wake of renewed oil price weakness.
U.S. stocks closed sharply lower after a slew of disappointing data, a fresh oil low and a sell-off in China, adding to slowing growth concerns.
The dollar posted modest gains on Tuesday, as investor risk appetite improved on the back of rising oil prices and the expectation of further stimulus in China.
U.S. government debt prices were higher on Friday as investors digested a host of important data.
European markets finished deep into negative territory on Friday, as oil prices slumped below $30 per barrel.
European stocks closed slightly lower on Monday, as investors struggled to shake off concerns surrounding the persistent low oil prices.
Markets in Asia closed mixed Monday, on the back of another Wall Street sell-off Friday, with Australia and Japan near bear market territory.
U.S. stock index futures pointed to a sharply higher open on Tuesday, ahead of a number of earnings after a raft of data out of China.
Gold opened the trading week higher, buoyed by a slide in crude oil prices to 12-year lows and persistent weakness in world stock markets.
Major Asian stock markets ended down Friday, erasing early gains despite a positive finish from Wall Street overnight.
U.S. stocks closed higher Thursday, stabilizing after a steep sell-off, helped by some recovery in oil prices and comments from Fed policymakers
Oil prices slumped to a 2003 low below $28 per barrel as the market anticipated a rise in Iranian exports.
A recovery in stock markets helped the dollar gain ground against Europe's current safe havens of choice, the euro and the Swiss franc.
The dollar tumbled to a near five-month low against the yen and a 2-1/2-week trough versus the euro on Friday.
Gold rose on Friday, after dropping for the past four out of five sessions, as falling Asian and U.S. stock markets underpinned the metal.
Most Asian stock markets closed lower after a sell-off on Wall Street overnight. China shares bucked the trend, posting a sharp rebound in late trade.