Adding to the positive tone, New York Fed President William Dudley said the Federal Reserve may not lose money on the emergency programs it put in place to fight the financial crisis.
The Dow Jones industrial average <.DJI> gained 131.95 points, or 1.33 percent, to 10,081.31. The Standard & Poor's 500 Index <.SPX> rose 11.51 points, or 1.06 percent, to 1,092.91. The Nasdaq Composite Index <.IXIC> added 14.56 points, or 0.68 percent, to 2,165.29.
NYMEX-NEW YORK, Oct 22 (Reuters) - U.S. crude oil futures ended lower on Thursday as the dollar rebounded and as traders pocketed profits after a rally to $82 a barrel, highest in a year, on Wednesday.
The dollar rose, making commodities investors cautious, and the euro retreated from a 14-month high as most investors bet the greenback's recent sharp slide against major currencies went too far, too fast.
On the New York Mercantile Exchange, December crude
CBOT-SOYBEANS - November
CBOT-SOYOIL - December
FCPO-JAKARTA, Oct 22 (Reuters) - Malaysian crude palm oil futures rose 1.9 percent on Thursday to the highest closing in more than six weeks, tracking an overnight rally in crude oil prices, traders said.
The benchmark January contract
REGIONAL EQUITIES-BANGKOK, Oct 22 (Reuters) - Stock markets in Thailand and
Indonesia fell for a third day on Thursday, with financials and big caps such as Siam Commercial Bank, Advanced Info Service, Bank Rakyat and Astra International leading the way down.
Singapore's index <.FTSTI> fell 0.4 percent, Malaysia's index <.KLSE> was flat and the Philippines <.PSI> lost 1.1 percent.Vietnam bucked the trend, rising 0.9 percent.
In Kuala Lumpur, Malaysian Airline