The market appears to be characterised by increased confidence in the US central bank, the Federal Reserve (Fed), which raised its key interest rate on Wednesday and signalled one or two more increases.
Falling oil prices combined with downward pressure on US market interest rates contributed to investors taking a slightly brighter view of developments.
The broad S&P 500 index rose 1.1 percent, the tech-heavy Nasdaq Composite Index rose 1.7 percent, while the Dow Jones Industrial Average closed up 0.6 percent.
AI-related stocks continued to recover from their declines earlier in the week. For example, semiconductor giant Nvidia rose 2.5 percent and Broadcom gained 2.3 percent. Advanced Micro Devices rose 6.4 percent.
