The Dow Jones Industrial Average soared on Wednesday, picking up 1,086 in the largest one-day gain ever.
Even with recent gains, the Dow and S&P 500 are down around 9 per cent for the month.
The Dow was whirling between slightly negative to 200 points up in the first hours of Wednesday's session before its early afternoon lift on the tails of surging blue chips Apple, Home Depot, Microsoft, Visa and Nike.
Gainers outnumbered losers in the S&P 500 by 3 to 2. Amazon rallied nearly 9.5 percent, as the company announced record-breaking holiday sales. Brent crude, used to price worldwide oils, was down 2.5 percent to $53.39 a barrel in London. Investors also welcomed Kevin Hassett's assurance that Jerome Powell's job is "100%" safe.
Asian markets closed mostly lower Wednesday after Mr. Trump said on Tuesday that there was "nothing new" on the partial government shutdown over a U.S. -Mexico border wall that started Saturday and shows no signs of abating. But despite Wednesday's surge, it remained on pace for its biggest monthly percentage drop since February 2009, during the throes of the financial crisis.
Earlier in the day, stocks fell amid renewed tensions between China and the United States.
Futures of both the Dow Jones Industrial Average and the S&P 500, which were recently flirting with bear territory, plunged at least 1.4% in early morning NY trading on Thursday.
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She still faces extradition to the USA and up to 30 years behind bars if convicted of breaking Iranian sanctions. They are former Canadian diplomat Michael Kovrig (left) and businessman Michael Spavor (right).
In Asia, Japan's Nikkei followed the Wall Street rally with a gain of 3.9 percent.
The Federal Reserve's decision to boost interest rates, concerns about slower global growth, and a partial USA government shutdown have caused unease among investors, leading to a sharp drop in us stock prices.
"The concern now in the market is actually that Treasury's out of touch with what's going on", he said.
Energy stocks.SPNY rose 1.8 percent as crude oil prices rebounded.
Bank stocks fell along with Treasury yields.
As investors desperately hope for any good news - whether from the administration or the Federal Reserve - to stop the stocks from their free fall, there is still value in the market to profit from.
The pickup in oil prices helped boost energy stocks.
Other members of the FANG group, Facebook Inc (FB.O), Netflix Inc (NFLX.O) and Alphabet Inc (GOOGL.O), which has also been under pressure recently, rose between 0.4 percent and 2.8 percent. Shares fell in Taiwan, Singapore and Indonesia but rose in Thailand.