Wall St ends up

U.S. stocks closed sharply up for fourth straight session overnight following news that major central banks across the world agreed to lend U.S. dollars to European banks, allevating  funding pressure for European banks.

The Dow Jones Industrial Average surged 186.45 points, or 1.66 per cent, to close at 11,433.18.

The S&P 500 rallied 20.43 points, or 1.72 per cent at 1,209.11. All 10 S&P sectors were higher, led by financials and energy.

Nasdaq surged 34.52 points, or 1.34 per cent at 2,607.07, highest in six weeks.

Gold at USD 1,775.58 an ounce, while crude oil settled at USD 89.23 an ounce.