US stocks surge after Greenspan comments

The Dow Jones industrial average climbed 147.21, or 1.8%, to close at 8,512.01.

The broader market also finished higher. The Nasdaq composite index rose 9.62, or 0.7%, to 1,363.72. The Standard & Poor's 500 index gained 11.60, or 1.3%, to close at 895.85.