Brent crude rose above $112 a barrel on Tuesday, after Japan pledged to pump in more money to boost its economy.
The S&P 500 has only one more psychological barrier to break through as it continues its trek toward what many consider to be an inevitable new high.
European shares closed flat on Tuesday as shares of Deutsche Bank weighed heavily on Germany's DAX Index after rumors that the German financial sector regulator had asked it to simulate a split of investment banking and retail operations.
U.S. stock futures were flat Tuesday, after major averages hit multi-year highs last Friday, as investors hesitated to jump in ahead of several major earnings reports.
Asian shares end mixed on Tuesday amid optimism over the global growth outlook. But bold easing measures from the Bank of Japan failed to lift Tokyo equities and the yen rebounded from a brief sell-off as investors digested the central bank's actions.
The yen briefly fell against the dollar on Tuesday after the Bank of Japan surprised markets by adopting an open-ended commitment to buy assets, but later regained ground as the new scheme for additional purchases only comes into effect next year.
Further weakness in the yen, trading near its lowest level in more than two years against the dollar, is unlikely given the currency's recent and rapid decline, said former top currency official in Japan Professor Eisuke Sakakibara, adding that a dollar/yen rate around 90 'sufficient' for Japan's manufacturers to reap the benefits of a weakened currency.
Gold prices rose on Monday as stock markets were lifted towards two-year highs by moves to break a budget impasse in the United States, and as the euro steadied.
Asian shares ended mixed on Monday, taking a breather after hitting multi-month highs.
Brent futures lost ground on Monday after a three-day rally last week, dropping further below $112 per barrel as economic worries and concerns of oversupply offset fears of unrest in the Middle East.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
U.S. Treasury debt prices rose on Friday as Thursday's market sell-off lured bargain-minded investors and dealers bought bonds to exit hedges on the corporate debt issues they underwrote this week.
Oil prices rose, recovering from an earlier dip after news that the U.S. House of Representatives will consider a bill to raise the debt ceiling enough to allow the country to pay its bills for another three months.
Gold prices firmed on Friday, tracking gains in equities and other commodities as encouraging data from China and the U.S. boosted optimism.
U.S. stock index futures were narrowly mixed as investors digested a batch of corporate earnings.
Oil is slipping slightly this morning as the Algeria hostage crisis continues, with Boris Schlossberg, Managing Director, BK Asset Management; Kevin Book, ClearView Energy Partners; Barry Knapp; Barclays; and Rebecca Patterson, Bessemer Trust.
Spain's IBEX 35 Index may have been a laggard last year with a drop of 6 percent but since the announcement of the European Central Bank's bond-buying plan investors have returned to the country and the index has climbed 14 percent.
European shares slipped on Friday as disappointing economic data in the UK and U.S. dampened sentiment.
Asian shares ended higher on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting. Both Tokyo and Hong Kong stock markets surged to multi-month highs on the upbeat sentiment.
The yen hit a 2-1/2 year low against the dollar on Friday as markets positioned for the Bank of Japan to take bold action to tackle deflation at a policy-setting meeting early next week.
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.
Asian shares dipped on Tuesday following losses on Wall Street after U.S. manufacturing activity hit a three-year low in November.
As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.
The worst US drought in over 50 years is pushing commodity prices to record highs.