//
The development has led some to believe that Mr Obama could have a positive impact on the world economy, which has been beset by gloom and pessimism recently.
Howard Wheeldon, senior strategist at London-based BGC Partners, commented: "The message is just going down well [with stock market investors].
"There is a belief that there's something about this man and something about this plan."
Mr Obama, who will be inaugurated on January 20th, is proposing an $800 million (£525 million) stimulus plan.
Neil Mackinnon, chief economist at ECU Group, told the Associated Press that jobs data released today will be key to whether or not stock markets revive themselves.
A positive tone following a bad report would be "a very encouraging sign", he said.
