A gauge of global stocks advanced on Tuesday after a rally on Wall Street overshadowed disappointment over the lack of details in China's stimulus, as investor focus shifts to upcoming U.S. inflation data and corporate earnings.

Wall Street looked shaky during its opening on Wednesday, with U.S. stocks fluctuating as investors navigate a surge in oil prices amid ongoing tensions in the Middle East. The S&P 500 slipped 0.3 percent, while the Dow Jones Industrial Average dipped by 14 points or less than 0.1 percent and the tech-heavy Nasdaq composite dropped 0.4 percent.

Wall Street's three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East conflict's impact on oil prices.

US stocks ended lower on Tuesday, with the Nasdaq losing more than 1 percent as investors grew more cautious after Iran fired missiles at Israel.

Yields continued to surge as Friday's blockbuster jobs report has many questioning how slow the Federal Reserve will go with further rate cuts this year—or if it may even pause. U.S. stocks slide as Treasury yields rise and oil prices climb Brent crude jumped above $80 a barrel Monday and Treasuries dropped,

Canada's main stock index closed lower on Monday, hit by falling utility stocks as investors scaled back expectations of a big rate cut from the U.S. Federal Reserve in November amid rising tensions in the Middle East.

U.S. stocks are slipping Monday as pressure rises from the bond market after Treasury yields hit their highest levels since the summer.

U.S. stock index futures slipped on Monday as investors dialed back bets on the scope of the Federal Reserve rate cuts this year, ahead of key inflation data,