The major US indices all closed sharply higher and near their session highs.

• Dow industrial average rose 535.41 points or 1.63% at 33309.05. It’s high price reached 33364.41
• S&P index rose 7.75 points or 2.13%. It’s high price reached 4211.03
• NASDAQ index rose 360.89 points or 2.89% at 12854.81. It’s high price reached 12861.44
• Russell 2000 rose 56.15 points or 2.95% at 1969.24

Looking at the S&P sector

• Consumer discretionaries rose 2.88%
• Materials rose 2.87%
• Technology rose 2.77%
• Communication services rose 2.76%

The laggards today included:

• Utilities, -0.49%
• Energy, +0.71%
• Consumer staples, 0.74%

After the close, Disney be expectations on revenues and EPS.:

• EPS came in at $1.09 vs. $0.96 estimate
• Revenues came in at $21.5 billion vs. 20.96 plan dollars estimate

Disney shares are up 4.7% in after hours trading.