The positive jobs data sent the Nasdaq composite index soaring 178.89 points, or 4.2percentto to 4,446.45.
After Tuesday's rally had sent the Dow soaring 889 points, helped by expectations of the interest rate cut, stocks opened lower Wednesday.
The Nasdaq composite index, which is loaded with technology stocks, recorded its fourth-largest gain in percentage terms, soaring 156.22 points, or 8.1percentto to close at 2,079.44.
The stock market began the week on a euphoric note, with the Dow Jones industrial average soaring 300 points on Monday and rising modestly on Tuesday, in response to some good news about corporate earnings and the economy.
The stock market bulls were relieved to see a recovery from yesterday's lashing as the FTSE 100 put on a late surge, soaring 170.63 points or 3.1 per cent to 5,707.60, with miners, banks and oil companies – those worst hit on Thursday – leading the charge.
His commentary sent the Dow Jones soaring 180 points and Ten-Year yields to drop sharply the same day of its release.
The Dow Jones average of 30 industrials plunged a stunning 1,000 points one day, then soared 1,000 points over only two days.
The technology-laden Nasdaq stock index soared 168.21 points yesterday -- its biggest point gain ever -- more than offsetting the losses it incurred in the two preceding sessions and surpassing the high it had set just last week.
Japan's benchmark Nikkei 225 stock index soared 531.49 points, or 3.36percentto to 16,333.29 points on the Tokyo Stock Exchange at the close of morning trading.
The Dow soared 165 points, the S&P 500 was up 17 points and the Nasdaq added 30 points.
