The Dow Jones raced to a near 75-point lead in early trading on Thursday thanks in part to strong gains from aluminium giant Alcoa.
Shortly into trading, the index was up more than 73 points (0.76%) to 9,799.34.
Alcoa climbed 4.3% to $14.81 after company profits reached four cents a share, beating analysts' estimates.
It says increasing demand, stronger aluminium prices and an aggressive cost cutting programme helped it achieve the positive Q3 results.
Elsewhere, weekly jobless claims fell 33,000 to 521,000 last week, the lowest figure since early January
Intel Corp topped the losers list, dropping 0.51% to $19.65.
In the UK, miners helped the FTSE to a healthy lead in late trading. Shortly before 4pm, the index was up more than 31 points (0.62%) to 5,140.
Kazakhmys rose nearly 4% to £11.41 while Eurasian Natural Resources climbed 3.5% to 933p and Xstrata advanced 3.41% to 956p
Tullow Oil leads the winners, rising 4.1% to £12.18.
Burberry Group was the only retail presence in the top five, climbing 3.96% to 524p, following its strong showing at London Fashion Week.
Intercontinental Hotel Group topped the losers list, dropping 3.09% to 8p00, while BAE Systems fell 2.85% to £32.35 following news of a possible prosecution over longstanding corruption charges.
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