The three major indexes finished Wednesday's session higher.
The moves over the course of the week stem from Wall Street's attempts to weigh varying factors, said Thomas Martin, senior portfolio manager at Globalt Investments. Those factors, he said, include the latest batch of corporate earnings, the future path of interest rates and potential for a recession and, as of recent weeks, the state of the banks.
"There's always been the natural seesaw, but it's sort of never been like this," he said. "There's just so many things that are on investors' minds." On Thursday, investors will watch for economic data on weekly jobless claims and the gross domestic product. Boston Federal Reserve President Susan Collins, Richmond Fed President Thomas Barkin and Minneapolis Fed President Neel Kashkari are all slated to speak in the afternoon.
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