| Dow 6876 |  | +149.82 | (+2.23%) |
| Nasdaq 1354 | | +32.73 | (+2.48%) |
| S&P 713 | | +16.54 | (+2.38%) |
Europe
| FTSE 100 3646 | | +133.78 | (+3.81%) |
| CAC 40 2676 | | +121.13 | (+4.74%) |
| DAX 30 3891 | | +200.22 | (+5.42%) |
Asia at 9 30 AM
| Nikkei 225 7467 | | +176.01 | (+2.41%) |
| Hang Seng 12347 | | +15.75 | (+0.13%) |
SGX Nifty 2622 -12.5 pts
Commodities
| Light Crude (NYM) | 45.38 | (+3.73) |
| Gold (CMX) | 906.70 | (-6.90) |
News Today
* Global markets rallied Wednesday on hopes that China will boost its stimulus package.
* Downward pressure on the economy continued through the last week of February, and business leaders don't expect much relief until late this year at the earliest, according to the Federal Reserve Beige Book.
* The U.S. labor market worsened in February, as private-sector firms cut 697,000 jobs in February, the ADP employment index reported Wednesday.
* RBI cuts key interest rates by 50 bps,RBI has lowered repo rate to 5.0% from 5.5%. It also cut reverse repo rate to 3.5% from 4.0%, effective immediately.
* General Electric share fell Wednesday to levels not seen since 1991.
* Honda Motor is seeking a Japanese government loan to help shore up funds at its U.S. operations.
