Dow closes 500 points higher as major averages reclaim losses from earlier this week; European stocks close higher as investors digest Bank of England, Fed decisions 
U.S. stocks jumped for a second day as fears around a crisis in China’s property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer. 
The Dow Jones Industrial Average gained 506.50 points, or 1.48%, to 34,764.82, with steady buying throughout the trading day. Thursday’s rally adds to a 338-point gain in the prior session. The S&P 500 rose 1.21% to 4,448.98 and the Nasdaq Composite added 1.04% to 15,052.24. 
Salesforce led the Dow higher with a 7.2% gain after the cloud company raised its full-year 2022 revenue guidance. Darden Restaurants was among the big S&P movers, jumping 6.1% after reporting strong quarterly earnings. 
Stocks linked to a global economic recovery were also higher as fears out of China eased. General Electric shares added about 4.5%. Las Vegas Sands, which has big China exposure, rose 3.2%. Caterpillar added 2.7%. 

European stocks closed higher Thursday as investors reacted to the latest policy decisions from the Bank of England and the U.S. Federal Reserve. 
The pan-European Stoxx 600 index closed up by 0.9%, with all sectors and most major bourses in positive territory. 
Back in Europe, EDF said Wednesday it was in talks to buy the nuclear operations of General Electric in France. Shares of the French utility firm climbed 2.7% on Thursday. 
Source: CNBC, Investing.com