The Australian market, after three straight negative sessions, is surging higher on the back of rising oil prices.
Local energy stocks are up 1.8% across the board as oil prices hit a year-to-date high.
Woodside Petroleum is up 1.16% to $35.82, Oil Search 1.19% to $8.08 and Origin Energy 2.8% to $12.74.
The big banks are all stronger, led by Westpac at $39.35, up 1.1%.
Equity investors largely ignored the good official Australian jobs data which showed 37,700 jobs added for the month of March.
On Wall Street, the S&P 500 closed up 0.5%.
Business Insider Emails & Alerts
Site highlights each day to your inbox.