Meanwhile, the Facebook saga continues as the social media company's IPO has sparked more lawsuits and investigations. Shares of the company edged higher Thursday, but are still trading below the IPO price of $38.
Lead Facebook IPO underwriter Morgan Stanley and other underwriters made money on the trading of Facebook shares as prices dropped, sources at one of the underwriters told Fortune.
Currencies and commodities: The dollar dropped against against the euro and the British pound, but was higher versus the Japanese yen.
Oil for July delivery rose 70 cents to settle at $90.66 a barrel, moving back above the benchmark after falling below $90 for the first time since November during trading Wednesday.
Gold futures for June delivery rose $9.10 to settle at $1,557.50 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury edged lower, with the yield rising to 1.76% from 1.72% late Wednesday.