The offshore yuan was little changed after China released new rules promising to treat all companies equally, the latest positive step on the trade and investment front since further USA and Chinese tariff hikes were paused.
On Wednesday, Wall Street attempted to shake off four sessions of sharp declines as the Dow surged 5%, or more than 1,000 points, and recorded the largest daily point gain in its history. Both indexes rose about 5 percent Wednesday, when the Dow had its biggest-ever single-day point gain.
Meanwhile, the energy sector was only slightly behind the consumer discretionary sector, also posting a gain of more than 6% as oil prices climbed sharply.
"There's a lot of uncertainty, and that's one of the biggest things that the market doesn't like", Andrew Sullivan, a Hong Kong-based market economist, told CNN.
"The real question is do we have follow-through for the rest of this week", said Sam Stovall, chief investment strategist for CFRA. Data released by Mastercard SpendingPulse showed retailers were having their best holiday season in six years.
Some of the world's biggest markets are yet to react to Wall Street's Christmas Eve sell-off.
Benchmark U.S. crude, meanwhile, climbed 8.7 per cent to US$46.22 a barrel in NY. Both U.S. and Brent crude recorded their largest one-day increase since November 30, 2016, when OPEC signed a landmark agreement to cut production.
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Liverpool , meanwhile, face Arsenal and Guardiola warned his rivals that it can be hard to lead from the front when everybody expects you to win.
But concerns about a slowing global economy and the protracted trade dispute with China have not gone away, and they are likely to put pressure on the market again in coming days.
ANALYST'S QUOTE: Improved U.S. sentiment "provided Asia markets with the intraday relief into the end of the week", said Jingyi Pan of IG in a report. The WSJ also reported that Hassett assured that the Federal Reserve Chairman Jerome Powell's job was "100% safe".
There was a slight worry that Trump could fire Powell, though the legal waters were murky on that front-and it was more of a rumor mill story.
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Health care and technology companies, banks and industrial stocks accounted for much of the gains.
The figures suggest a stock-market swoon and partial government shutdown haven't curbed consumer confidence and spending. "And then just remain silent as it relates to the Fed", Stovall said. (No typo: There are 505 stocks in the S&P 500.) The previous record, at least as far back as 28 years ago, was 99.6 percent in 2011, or 498 stocks out of 500. The stocks saw their worst December and worst Christmas on record.
"You went from $200 million to sell [at the close] which was less than expected".
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Mr Trump said he envisions a wall so tall "like a three-story building", that only an Olympic champion would be able to scale it. A deal to fund shuttered government departments still seemed out of reach Wednesday, the fifth day of the partial shutdown.