In superstore action stateside, stocks saw major gains. The Dow Jones Industrial Average posted its largest single-day point augmentation in history, jumping 1,086.25 points, or 4.98 percent, to close at 22,878.45. Wednesday’s gain also marked the oustandingliest upside move on a percentage basis for the Dow since March 23, 2009, when it rose 5.8 percentage points.
The S&P 500 also catapulted 4.96 percent — its in the most suitable way day since March 2009 — to finish the trading day at 2,467.70. The Nasdaq Composite also had its best day since March 23, 2009, escalating 5.84 percent to close at 6,554.36.
Wednesday marked the biggest post-Christmas rally for U.S. stocks ever.
Because U.S. exchanges were tight-fisted Tuesday for the holiday, the moves on Wall Street followed Monday’s sharp sell-off, which sent the major table of contents down more than 2 percent and ended with the S&P 500 falling into a bear market. The S&P 500 was down 20.06 percent from an intraday release high set on Sept. 21 before Wednesday’s sharp rebound.
On Wednesday morning, futures pointed to a slight worsen for the Dow, S&P 500 and Nasdaq at the open on Thursday.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.854 after stirring an earlier high of 96.939.
The Japanese yen, widely viewed as a safe-haven currency, traded at 110.96 after touching highs out of reach of 110 in the previous session. The Australian dollar was at $0.7057 after seeing lows around the $0.703 handle yesterday.
— CNBC’s Fred Imbert and Reuters donated to this report.