The Dow Jones industrial average rose 147 points, or 0.9 percent, to 16,646 as of 9:35 a.m. Eastern time Wednesday.
The Standard & Poor's 500 index climbed 17 points, or 0.9 percent, to 1,986. The Nasdaq composite rose 46 points, or 1 percent, to 4,857.
Japan's market jumped the most in almost seven years as investors hoped for more stimulus measures. Markets in China and Europe also rose sharply.
Netflix gained 2.6 percent, breaking a seven-day losing streak, after the company said it would bring its service to four more Asian countries next year.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.25 percent
Source:
AP