U.S. stock indices continue their upward trend as the Russell 2000, Nasdaq, and Dow all show gains. A key driver for today’s sentiment is the release of U.S. initial jobless claims, which came in stronger than anticipated at 200,000. Furthermore, the final revision for third-quarter U.S. GDP was adjusted higher to 4.4%, surpassing the initial 4.3% estimate. In the commodities space, gold and silver have managed to reclaim positive territory despite an initial dip, while crude oil and copper face downward pressure. Preliminary January manufacturing PMI data from the U.S., UK, and Eurozone will be released tomorrow. Ahead: corporate earnings featuring major reports from companies like Intel and Alcoa, along with the highly anticipated monetary policy decision from the Bank of Japan and upcoming U.S. consumer sentiment data.