The buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy containing many of the world's biggest and most successful companies - encourages global investors to buy American assets.

Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

The S&P 500 is climbing toward its first gain since Christmas. The main gauge of Wall Street’s health rose 1.3% Friday and was on track to break a five-day losing streak, its longest since April.

The last time the stock market saw three consecutive years of gains over 20% was during the dot-com boom of the late 1990's.

Shares of NVIDIA Corp. NVDA slipped 0.02% to $140.11 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,918.25 and the Dow Jones Industrial Average DJIA rising 0.