The US Fed is unlikely to raise interest rates before June amid the global economic slowdown.
The Dow Jones closed up after a disappointing session on 5 April.
The Caixin services purchasing managers' index was 52.2 for March, indicating expansion.
The Dow Jones dropped 133 points, its worst one-day drop since 23 February.
US stocks suffer losses after Asian and European markets post sharp declines and oil prices slide.
Taqa, BP and Shell operators are expected to lose out from the closures.
Oil prices declined over reduced chances of an output freeze.
The Bank of England is said to have considered a Far East crash as one of the possible reasons for the next recession.
Crude oil futures slipped to settle at $35.70 a barrel following comments by a Saudi Arabian prince.
US stocks edge lower though investors remain buoyed by a dovish Fed's stance and positive economic data.
With the UK tax changes coming into force, landlords should look elsewhere for investment opportunities.
China Shanghai Composite was closed as a result of Tomb-Sweeping Day also referred to as Ching Ming Festival.
At $2tn, Saudi Arabia's wealth fund would be more than double that of Norway's.
US stocks head lower despite stronger than expected report from the labour market.
China's official manufacturing Purchasing Manager's Index for March came in at 50.2.
The Nasdaq Composite, however, had its worst first quarter since 2009.
Investors' risk appetite seems to have increased in certain Asian regions after Janet Yellen's dovish comments.
The Dow Jones closed up for the 17th time in March – the most since 2010.
Dow Jones and Nasdaq up after learning Fed will adopt cautious stance on interest rates.
Yellen said it was apt for policy makers to proceed cautiously with regards to tightening monetary policy.
The Nasdaq Composite also rose, but continues to be down 3.2% for the year.
Dow Jones and Nasdaq decline 0.3% as investors are cautious ahead of key speech from Fed chairwoman.
Oil fields owned by Centrica and Ithaca Energy and a few fields controlled by BP and Perenco will be affected.
Yellen is expected to speak at The Economic Club of New York on 29 March at 16.20 GMT.
Oil prices could touch the low $30 levels while copper could hit the $4,000 price mark.
The Dow Jones and S&P 500 made slight gains while the Nasdaq closed down.
US GDP grew at 1.4% in the fourth quarter of 2015, thanks to increased consumer spending.
BP, Shell, Chevron, Talisman Sinopec and Petrofac are among the companies that have announced job cuts.
Nikkei rises despite Japan's core inflation rate missing analyst forecasts in February.
After paring sharp losses, US stocks closed, little changed from the previous session.