Wall Street extends gains, Dow jumps 3 percent
Wall Street extended gains on Thursday, with the Dow briefly jumping 3 percent, as beaten-down energy shares benefited from a gain in oil prices.
Wall Street rode a powerful rally, driven by outsized performance from the financials, technology and materials sectors, pushing the Dow Jones Industrial Average above the 10,000 level for the first time in more than a week, ahead of the official kick-off the second quarter earnings season next week.