Wall Street has closed at record highs on the back of rising oil prices, while shares in Europe have been upset by a bond sell-off and a stronger euro.

The Dow Jones Industrial Average gained 0.81 percent. The S&P 500 rose 0.70 percent. And the Nasdaq Composite added 0.81 percent. Higher oil prices boosted investors' sentiment in the energy sector. And the upcoming corporate earnings season also led them to pull capital in. The European shares interrupted its new year rally due to a bond market sell-off and a stronger euro. The German DAX lost 0.61 percent. The French CAC 40 dropped 0.20 percent. The British FTSE 100 was spared from the euro knock-on, edging up slightly by 0.20 percent.