The stock market's surge Thursday puts the Dow Jones industrial average on track for its first three-day winning streak since late April.
The blue-chip gauge is back above 15,000 for the first time since June 19, when the Federal Reserve spooked markets after laying out its potential timetable for winding down its massive monthly bond-buying program.
In late morning trading, the Dow Jones industrial average was up 1%, about 145 points, to about 15,055. The broader Standard & Poor's 500 index gained 0.9% and was trading at about 1,617. The tech-laden Nasdaq composite index was up 0.9% to about 3,407.