US and European shares have both close in upward trend, but there is fear continue over eurozone debt.
Wall Street's main Dow Jones index was risen 3.3% in early afternoon trading on Wall Street, helped by data showing a fall in the unemployment claimants.
In Europe, indexes closed positive after French President Nicolas Sarkozy and German Chancellor Angela Merkel said they would meet to discuss eurozone financial governance.
The UK's FTSE 100 closed positive 3.1%.
Germany's Dax added 3.3% and France's Cac also close positive 2.5%.
A statement from President Sarkozy's office said he and Ms Merkel would also discuss "other international issues".
French banking sector shares had started Thursday among the higest gainers, with Societe Generale shares up 8%. The bank's shares then plunged as far as 8% down on the day, before recovering to finish positive 3% higher.
It comes a day after Societe Generale denied negative speculation about its financial health.
The US unemployment data showed that the weekly number of people claiming benefits had fallen to 395,000, the first time it had dropped below 400,000 since April.
This also lifted the two other main US share indexes, with the Nasdaq up 3.8% and the S&P's 500 adding 3.6%.
'Irrational fears' Mr Sarkozy held emergency talks with senior ministers on Wednesday when France became the centre of market turbulence on rumours that the country was about to lose its AAA credit rating, and the concern about
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