Source: Sharecast
As of 1500 BST, the Dow Jones Industrial Average was up 0.92% at 39,357.68, while the S&P 500 advanced 1.41% to 5,313.92 and the Nasdaq Composite came out the gate 1.66% stronger at 16,638.33.
The Dow opened 360.02 points higher on Wednesday, extending gains recorded in the previous session after the blue-chip index snapped a three-day losing streak that culminated in it shedding more than 1,000 points on Monday.
On the macro front, mortgage applications surged by 6.9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two week's declines. Applications to refinance a mortgage soared almost 16%, while applications to purchase a new home ticked up just 1%.
Still to come, consumer credit change figures were slated for release at 2000 BST.
In the corporate space, Airbnb shares were sharply lower in early trading after posting second-quarter results that fell short of expectations, while Lyft announced its first-ever quarter in the black on the back of a record number of rides,
Elsewhere, Disney beat estimates thanks to its first-ever streaming profit but warned of potential weakness at its theme parks, while CVS Health slashed its full-year profit guidance and announced a plan to cut as much as $2.0bn in expenses amid an increase in insurance costs.
On another note, Tesla said it will issue a software update to nearly 1.7m cars in China to fix an issue with the bonnet latch that affected a similar number of vehicles in the US last month.
Shopify will post its latest set of quarterly earnings after the close.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Apple Inc. (AAPL) $211.10 3.38%
Goldman Sachs Group Inc. (GS) $484.31 3.12%
Caterpillar Inc. (CAT) $333.89 2.46%
Salesforce.Com Inc. (CRM) $243.61 2.18%
JP Morgan Chase & Co. (JPM) $204.57 2.11%
Microsoft Corp. (MSFT) $408.30 1.88%
American Express Co. (AXP) $234.99 1.78%
Dow Chemical Co. (DOW) $53.56 1.73%
Boeing Co. (BA) $167.01 1.28%
Nike Inc. (NKE) $73.39 1.23%
Dow Jones - Fallers
Amgen Inc. (AMGN) $313.77 -3.75%
Walt Disney Co. (DIS) $87.24 -3.11%
Intel Corp. (INTC) $19.95 -2.35%
Unitedhealth Group Inc. (UNH) $559.72 -1.85%
Walmart Inc. (WMT) $67.44 -0.53%
McDonald's Corp. (MCD) $270.25 -0.05%
Home Depot Inc. (HD) $354.72 -0.02%
Dowdupont Inc. (DWDP) $0.00 0.00%
Coca-Cola Co. (KO) $68.07 0.01%
Johnson & Johnson (JNJ) $159.27 0.11%
S&P 500 - Risers
CenturyLink Inc. (LUMN) $7.40 39.80%
Fortinet Inc. (FTNT) $67.79 21.42%
VF Corp. (VFC) $18.85 14.66%
Illumina Inc. (ILMN) $126.31 8.58%
Global Payments Inc. (GPN) $100.53 8.07%
MGM Resorts International (MGM) $37.37 6.02%
Meta Platforms Inc. (META) $508.75 5.86%
Broadcom Inc. (AVGO) $148.21 4.84%
Nvidia Corp. (NVDA) $107.78 4.81%
Paypal Holdings Inc (PYPL) $63.98 4.75%
S&P 500 - Fallers
TripAdvisor Inc. (TRIP) $14.74 -7.38%
Emerson Electric Co. (EMR) $103.97 -3.97%
Amgen Inc. (AMGN) $313.77 -3.75%
Walt Disney Co. (DIS) $87.24 -3.03%
CVS Health Corp (CVS) $57.20 -2.55%
Idexx Laboratories Inc. (IDXX) $475.13 -2.46%
Intel Corp. (INTC) $19.95 -2.35%
Zimmer Biomet Holdings Inc (ZBH) $107.13 -2.23%
International Flavors & Fragrances Inc. (IFF) $94.49 -2.06%
Hilton Inc (HLT) $203.18 -1.90%
Nasdaq 100 - Risers
Illumina Inc. (ILMN) $127.36 8.58%
Meta Platforms Inc. (META) $507.38 5.58%
Paypal Holdings Inc (PYPL) $63.95 4.75%
Nvidia Corp. (NVDA) $107.54 4.58%
Micron Technology Inc. (MU) $91.92 4.46%
Vodafone Group Plc ADS (VOD) $9.27 4.45%
Broadcom Inc. (AVGO) $147.62 4.43%
Workday, Inc. (WDAY) $216.93 4.42%
Asml Holdings N.V. (ASML) $872.50 3.65%
Western Digital Corp. (WDC) $59.29 3.61%
Nasdaq 100 - Fallers
Amgen Inc. (AMGN) $313.82 -3.73%
Intel Corp. (INTC) $19.96 -2.32%
Idexx Laboratories Inc. (IDXX) $476.00 -2.28%
Vertex Pharmaceuticals Inc. (VRTX) $469.16 -1.61%
Incyte Corp. (INCY) $61.01 -1.49%
Kraft Heinz Co. (KHC) $35.04 -1.35%
Mondelez International Inc. (MDLZ) $69.36 -0.79%
CSX Corp. (CSX) $34.17 -0.58%
Comcast Corp. (CMCSA) $39.01 -0.32%
Verisk Analytics Inc. (VRSK) $263.07 -0.25%