Stocks indexes rose as the Fed released minutes of its recent meeting that showed it wouldn’t be too aggressive on inflation.
The S&P 500 climbed 2.2% to 4,064.25 while the Dow 30 was up 1.8% to 32,706.36 and the Nasdaq climbed 2.8% to 11,758.12.
The price of oil leaped 3.5% to $114.22 a barrel.
Gold was up 0.1% to $1,848 an ounce.
The 10-year-bond was up 0.25% to 2.756%.
Irvine-based Inari Medical climbed 3.3% to $64.06 and a $3.4 billion market cap. Volume was about 20% of its daily average. The shares are still off about 36% from its 52-week high in March.
BJ’s Restaurants Inc. (Nasdaq: BJRI), based in Huntington Beach, jumped 10% to $26.14 and a $613 million market cap. The S&P 600 Restaurant Index climbed 7.8% to 1,377.