The Dow Jones Industrials leaped 217.02 points to 32,611.27.
The S&P 500 recovered 39.76 points, or 1%, to 4,011.03.
The NASDAQ rumbled ahead 156.77 points, or 1.3%, to 11,827.85.
Regional banks rose broadly. Big banks such as Citigroup and Goldman Sachs also advanced.
Big Tech shares also rose, with Meta, Amazon, Netflix and Apple all gaining more than 1%.
Micron shares climbed more than 5% after the chipmaker posted its fiscal second-quarter figures. Other semiconductor names followed Micron higher. Nvidia and AMD both popped more than 1%.
On the economic front, U.S. pending home sales gained 0.8% last month, with sales 21.1% lower than a year earlier. Economists polled by Dow Jones forecast a decline of 3% in February, down from a rise of 8.1% the previous month.
Prices for the 10-year Treasury listed lower, raising yields to 3.58% from Tuesday’s 3.56%. Treasury prices and yields move in opposite directions.
Oil prices added 85 cents to $74.05 U.S. a barrel.
Gold prices gave back $6.40 to $1,984.00 U.S. an ounce.