U.S. stock market indexes advanced sharply in Thursday’s trading.

The Dow Jones Industrial Average gained seven-tenths of a percent to end at 12,171. The S&P 500 moved up nine-tenths of a percent to close at 1,310, and the NASDAQ advanced 1.4 percent to reach 2,736.

European stock markets closed higher. London’s Financial Times 100 index ended up 1.5 percent to close at 5,881. The CAC40 in Paris moved up 1.4 percent to end the day’s trading at 3,969, while the DAX in Frankfurt jumped 1.9 percent to finish at 6,934.

Earlier Thursday in Asia, Tokyo’s Nikkei index lost two-tenths of a percent to close at 9,435. Hong Kong’s Hang Seng index gained four-tenths of a percent to finish the day’s trading at 22,915.

The price of gold fell more than $10 to trade at $1,426.95 an ounce.

The dollar rose against the yen but lost value compared to the euro.