The Dow Jones Industrial Average rose 619.05 points, or 1.56 per cent, to 40,212.71, the S&P 500 gained 95.31 points, or 1.81 per cent, to 5,363.36 and the Nasdaq Composite gained 337.15 points, or 2.06 per cent, to 16,724.46.
Advancing issues outnumbered decliners by a 2.47-to-1 ratio on the NYSE. There were 60 new highs and 341 new lows on the NYSE.
On the Nasdaq, 2,948 stocks rose and 1,467 fell as advancing issues outnumbered decliners by a 2.01-to-1 ratio.
The S&P 500 posted one new 52-week high and 5 new lows, while the Nasdaq Composite recorded 21 new highs and 147 new lows.
Volume on US exchanges was 19.19 billion shares, compared with the 18.74 billion average for the full session over the last 20 trading days.
