• Dow Jones closes up 560.54 points (1.6%).
  • ASX futures trading higher ahead of market open in Sydney, up 11 points (0.2%).
  • Bitcoin is trading at US$49,000.

The Dow Jones rose 1.6% to finish the trading day up 561 points to close at 35,493 points.

Earlier, markets in Europe had strong sessions as London's FTSE and Germany's DAX finished the trading day higher.

Asian markets are set to open higher, with ASX futures up 11 points (0.2%) ahead of the open in Sydney.

The Australian dollar is firm against the major currencies and is buying 71.53 US cents.

Gold is trading at US$1,789 per ounce with copper up 0.01% to US$4.346 per pound.

WTI Crude oil is selling for US$71.31 per barrel while Brent oil is higher at US$74.09 per barrel.

The spot iron ore price is trading at US$118 per metric ton and one bitcoin is worth US$48,984 going into the Asian trading day.