The ASX 200 is targeting a 2016 high

Local shares continued to rally today, following the lead set by international equity markets after commodity prices soared overnight.

Here's a quick recap:

• S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5388 points
• ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.7% to 5470 points
• AUD/USD at US 76.04 cents
• Iron Ore at US$59.38 a tonne, according to the Metal Bulletin
• Gold at US$1,338.78 an ounce
• Brent oil at US$47.92 a barrel

We'll start off with the negatives. Carsales.Com Ltd (ASX: CAR) shares lost 2.3%, while South32 Ltd (ASX: S32) and JB Hi-Fi Limited (ASX: JBH) shed 1.8% each.

Meanwhile, gold miner EVOLUTION FPO (ASX: EVN) lost 0.7%, but Independence Group NL (ASX: IGO) more than made up for it, soaring 7.6%.

Blackmores Limited (ASX: BKL) also gained 7.4% after an optimistic earnings forecast from Credit Suisse, while Fortescue Metals Group Limited (ASX: FMG) rose 5.5%.

BHP Billiton Limited (ASX: BHP) gained 3.3% to $20.58, while Australia and New Zealand Banking Group (ASX: ANZ) rose another 1.2%.

Here are Wednesday's top stories:

1. Why Credit Suisse thinks Blackmores Limited shares are worth $175
2. The 'lazy way' to make a million dollar fortune
3. What you need to know about Catapult Group International Ltd's acquisition
4. Why the Fortescue Metals share price has tripled since January
5. Who else wants 4 dividend shares with yields over 5.5%?
6. Why the WiseTech Global Ltd share price has soared 27%