The S&P 500 could take a swing at 1500 in the near future if earnings news doesn't trip it up.
Stocks ended sharply higher Thursday, as Wall Street cheered a pair of encouraging data and largely shrugged off weakness in financials.
Gold was supported by ongoing concerns about U.S. debt talks, and as strong U.S. data fanned hopes for a strengthening recovery
Oil rose on Thursday as financial markets got a boost from improving U.S. economic data showing jobless claims fell to a five-year low and housing starts rose sharply.
U.S. government debt prices fell, as surprisingly strong data on the housing market raised hopes of the U.S. economy accelerating and spurred investors to favor stocks and growth-oriented assets over low-risk bonds.
European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.
Asian shares ended mostly lower on Thursday, paring initial gains as investors cashed in their chips following recent rallies with demand also capped by caution ahead of Chinese data on Friday.
Martin Gilbert, CEO of Aberdeen Asset Management, tells CNBC that they are seeing very strong flows into equities which have continued into the first quarter of this year.
Global oil markets, under pressure from increased North American production, are facing the return of a familiar upside risk - the threat of supply disruption from North Africa after an attack on an Algerian gas field swiftly escalated into an international hostage crisis.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays shares his outlook for Asian currencies, including the yen.
Traders will be watching Thursday's earnings closely for signs of any trend that could break stocks out of their doldrums.
David Roche, Global Strategist, Independent Strategy predicts a big crash in safe-haven bond markets in 2013. He also sees a manufacturing-led recovery for the global economy.
A recent warning from a Japanese minister about excessive yen weakness continued to underpin the currency.
Stocks finished mixed Wednesday, with the Dow breaking a five-day winning streak, as investors digested a batch of bank earnings and amid ongoing concerns over the debt ceiling.
U.S. Treasury debt prices rose on Wednesday, prompted by bets the Federal Reserve will stick to its bond purchase program, which aims to cut unemployment, as long as inflation remains muted.
Brent crude pared gains and nearby contracts turned lower on Wednesday on news of an expected restart of a shut North Sea pipeline system, while U.S. crude rallied on data showing domestic crude stocks fell last week.
Platinum rose for a seventh consecutive session, driven by strong hedge fund buying after a mine labor crisis at the world's largest platinum producer in South Africa stirred fears of a supply shortage.
Forex markets are so far taking the debt ceiling fight in stride. But if the ceiling is breached, this pro says, watch out.
Bill Nygren, Oakmark Select fund, says stocks remain historically cheap -- particularly financials, industrials and technology.
Attributing a bounce in Apple to comments from Tom DeMark, Josh Brown of Fusion Analytics says the company needs to hit specific targets to avoid a stock meltdown.