Strong signals from global markets, Dow rebounds by 330 points

Strong signals from Global Markets
Rebound of 330 points on Dow, best day for Dow in 5 weeks
S&P 500, Nasdaq 0.8%
Russell 2000 1.4%
2% rise in Europe
ECB increased rates from 0.25% to 4.5%
Indications given of not increasing rates further for some time