MSCI's gauge of stocks across the globe gained 1.58%.The Dow Jones Industrial Average rose 285.8 points, or 1.22%, to 23,719.37; the S&P 500 gained 39.84 points, or 1.45%, to 2,789.82 and the Nasdaq Composite added 62.67 points, or 0.77%, to 8,153.58.
NEW YORK: Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies during the COVID-19 pandemic, while oil prices pulled back from an earlier surge.
Oil prices ended the day in negative territory after an earlier surge as OPEC and its allies hammered out an agreement to cut output that was smaller than the market was expecting.
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