U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.
European equities rallied on Thursday, closing nearly 1 percent higher as investors reacted to a raft of corporate earnings and fresh economic data.
The dollar rose to a one-month high as data on U.S. inflation and business orders and Fed officials' remarks.
U.S. stock index futures indicated a lower open after a second reading of U.S. fourth-quarter GDP showed slower growth than the initial report.
Crude oil futures fell on Thursday, as bulging U.S. crude stockpiles offset indications of a recovery in demand.
Gold rose 1 percent after comments from the Fed pushed back expectations for the first U.S. rate hike in nearly a decade.
Japanese shares outperformed the region by clinching a new multi-year high, as the rest of Asia traded mixed on Thursday.
U.S. stocks closed narrowly mixed amid firming oil prices, moderate housing data and some debate over Yellen's congressional testimony.
Europe ended lower on Wednesday as investors focused on corporate earnings and U.S. Federal Reserve Chair Janet Yellen's speech to Congress.
The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.
Oil futures climbed on Wednesday even as data showed inventories of U.S. crude increased.
U.S. futures trimmed gains on mostly weak U.S. data but still signaled a mildly higher open as investors welcomed comments from Yellen's speech.
Gold rose, recovering from the previous day's seven-week lows, after comments from Janet Yellen suggested no rush to raising interest rates.
Asian equities turned mixed amid choppy trade on Wednesday after China's manufacturing sector surprised markets with growth for the first time in three months.
U.S. stocks closed at highs as Yellen's congressional testimony indicated that a rate hike would likely come later rather than sooner.
European equities ended higher after Greece's bailout extension plan was approved, as U.S. Fed Chair Janet Yellen said rates would not anytime soon.
The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.
Gold extending earlier losses after Fed Chair Janet Yellen said there was no need to hike interest rates over the next few months.
U.S. stock index futures signaled a flat open on Wednesday after comments from Fed Chair Yellen's speech to Congress.
Asian indices mostly advanced on Tuesday to hit new highs, but trading remained cautious ahead of Federal Reserve Chair Janet Yellen's testimony.
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