Stock inflows do not seem to be at the expense of fixed-income, bond dealer Bill Gross told CNBC.
Japan posted its biggest daily gain in nearly two years, moving up 3.8 percent to close at its highest level since October 2008.
Euro zone equities sank to two-month lows on Wednesday, with investors locking in profits on a half-year rally.
Pro trader Rich Ilczyszyn looks at important technical indicators for the yellow metal.
Gold edged higher, recovering early losses, as stocks came under pressure from renewed concerns over the euro zone economy, and on caution ahead of a European Central Bank meeting later this week
Oil edged higher on Wednesday as Wall Street equities rebounded from early losses to trade flat, and Brent crude futures premium over West Texas Intermediate crude briefly above $20.00 a barrel.
The euro slipped, with traders taking more cautious positions ahead of the ECB meeting in case its president Mario Draghi expresses concern about the high level of the euro.
The recent strength in the euro is reigniting concerns over the health of the euro zone, with analysts questioning whether too strong a currency could derail Europe's recovery by dampening export demand.
Record high unemployment mean the European Central Bank has scope to lower interest rates in order to weaken the spiraling euro, ING Senior Economist Carsten Brzeski said.
Asian shares gained on Wednesday as solid euro zone data helped sentiment, while the prospect of a dovish new governor for the Bank of Japan sent the country's stocks surging.
Investors should brace for a pullback in equity markets and should book profits now, Stewart Richardson, chief investment officer at RMG Wealth Management said on Tuesday.
U.S. stock market momentum for the rest of 2013 looks "very favorable," Jim O'Neill, Goldman Sachs Asset Management chairman, told CNBC.
Despite Monday's sharp pullback, risk can rally further in the medium term and the S&P500 could break through 2007 record levels, Nomura Strategist Bob Janjuah said on Tuesday.
The Fed's easy money for "as far as the eye can see" and will continue to boost U.S. stocks, noted economist Nouriel Roubini told CNBC.
Worries about Europe gave stocks reflux on Monday for the first time in months, and it may be the excuse to take profits from the new year rally.
Remember when stock market regulators ditched fractions and started rounding to the nearest penny? The SEC is reconsidering.
U.S. stock index futures climbed Tuesday, a day after major averages logged their worst one-day performance in nearly three months, tracking gains in European shares and ahead of a key services sector report.
U.S. Treasurys prices fell on Tuesday as a rebound in Wall Street stocks and less gloomy data on European business activity cut the appetite for safe-haven government debt, pushing benchmark yields back above 2 percent.
Demand for short duration bonds is thriving as the global economic recovery gathers pace and the risk of rising interest rates and a pick-up in inflation becomes more real.
European shares rose on Tuesday as signs of economic recovery in the euro zone helped soothe investors' worries a day after the return of political risks in Spain and Italy sparked a selloff in stocks.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.
Standard & Poor's decision to cut Spain's credit rating to one notch above junk status is weighing on markets.