SPX futures consolidated above the trendline overnight, testing Intermediate resistance at 6810.00.

Initial claims rose 22,000 to 231,000, except for one week the highest since early November.

Markets this week have once again been sending mixed signals, though perhaps not as severe as the crash in precious metals last week.

According to the International Monetary Fund, six of the seven largest developed economies now carry government debt equal to or greater than their annual economic output.