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Klaus Baader, Chief Economist, Asia Pacific at Societe Generale, says New Zealand's use of interest rate hikes to curb its property sector has resulted in an "uncomfortably strong" currency.
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Weekly jobless claims and durable goods are the numbers to watch Thursday, but so are the massive amount of earnings reports expected. CNBC's Patti Domm explains.
Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.
CNBC's Becky Quick discusses Warren Buffett's feelings about the market.