GLOBAL MARKETS RALLY: Dow Jones Surges 1,104 Points, KOSPI Jumps 5% and Nikkei Gains 3%.

Wall Street stages a powerful recovery as the Dow rises 2.15%, S&P 500 gains 2.35% and Nasdaq surges 2.74%.

Asian markets extend the rally, with South Korea's KOSPI jumping nearly 5% and triggering a temporary trading halt.

Falling crude oil prices, with Brent slipping below $92 per barrel, and renewed buying in technology stocks fuel the rebound.

$SKHY $SPY $QQQ