The Dow Jones industrial average rose 1 percent to close at 13,551.78. The Standard & Poor's 500 index rose 1 percent to close at 1,454.92. The Nasdaq composite index rose 1.2 percent to close at 3,101.17.
Benchmark oil for November was up 28 cents to $92.37 per barrel in electronic trading on the New York Mercantile Exchange. The contract closed 24 cents higher to $92.09.
In currencies, the euro rose to $1.3098 from $1.3043 late Tuesday in New York. The dollar fell to 78.81 yen from 78.90 yen.