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The benchmark S&P 500 is up 14 percent this year despite elevated oil prices and US government debt sell-off.
U.S. equities retreated from their recent all-time highs on Wednesday as a cocktail of rising Treasury yields, soaring crude oil prices, and anticipation surrounding the Federal Reserves meeting minutes pressured the market.
Some sharp reversals kept financial markets unsteady on Thursday, as oil prices rose and U.S. stock indexes finished mixed.