Summary Box: Dow jumps 273 points after China reports trade growth; Energy stocks rebound

Summary Box: Stocks climb after China trade gain

BROAD GAINS: The Dow Jones industrial average rose 273 points Thursday, its biggest climb since May 27. All major indexes rose more than 2.5 percent.

ECONOMIC BOUNCE: China’s report that exports rose 48.5 percent in May and that imports climbed 48.3 percent reassured traders that the country’s efforts to keep its economy from growing too quickly weren’t overdone.

ENERGY SURGE: Energy stocks bounced higher a day after a late slide on worries about the financial fallout for BP from the Gulf of Mexico oil spill. BP rose 12.3 percent from a 14-year low.