
U.S. stocks closed sharply up overnight on encouraging economic reports and after ECB President said the central bank would support the euro.
Dow Jones Industrial Average surged 211.88 points, or 1.67 percent, to close at 12,887.93
S&P 500 jumped 22.13 points, or 1.65 percent, to finish at 1,360.02.
All 10 S&P sectors closed in positive territory, led by telecoms and energy.
The Nasdaq soared 39.01 points, or 1.37 percent, to end at 2,893.25.