The Dow Jones industrial average jumped 390 points, or 2.4 percent, to 16,492 Tuesday. That's the Dow's second-biggest gain this year following an even bigger surge two weeks ago.
The Standard & Poor's 500 index climbed 48 points, or 2.5 percent, to 1,969. The Nasdaq composite rose 128 points, or 2.7 percent, to 4,811.
Markets also rose in China and Europe.
Several companies were making big moves following deal news.