The Dow rebounded from its midday deficit, jumping 201 points to snap a three-day losing streak, while the Nasdaq also rose triple digits thanks to a resurgence in tech. Rounding out a strong day on Wall Street, the S&P 500 finished higher as well, while Wall Street's "fear gauge," the Cboe Volatility Index, broke its five-day win streak. Meanwhile, the chip sector saw a boost from Taiwan Semiconductor's (TSM) upbeat profit forecast. 

GOLD RISES FROM LOWS

Oil prices rose on Thursday after the Energy Information Administration (EIA) reported a weekly decline in U.S. commercial crude supplies. February-dated West Texas Intermediate Crude (WTI) rose $1.52, or 1%, to finish at $74.08 a barrel.  

Gold futures rose from yesterday's one-month lows. At last look, February-dated gold was $15.10, or 0.9% higher, at $2,021.60.  

More By This Author:

Tech Turns Higher As "Fear Gauge" Cools
Dow Logs 3rd-Straight Loss As Fed Fatigue Sets In
Stocks Slip As Global Inflation Fears Fester