Wall Street is trading higher before the opening bell, following global markets that surged on reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and

Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record. Doubts linger about a sustained stock market rally after China’s big stimulus boost.

U.S. stocks are jumping back toward records amid a worldwide market rally. The S&P 500 was 0.7% higher in early trading Thursday and on track to set an all-time high for the 42nd time this year. The Dow Jones Industrial Average was also heading toward a record and up 236 points,