Shares in the Asia-Pacific mostly rose on Thursday following a rebound on Wall Street overnight. The rally in the U.S. came after the Bank of England said it would intervene in the bond market to stabilize conditions

The Nikkei 225 in Japan advanced 0.95% to 26,422.05 and the Topix index gained 0.74% to 1,868.80. Australia’s S&P/ASX 200 jumped 1.44% to 6,555

Hong Kong’s Hang Seng index erased earlier gains and fell 0.49% to 17,165.87, with the Hang Seng Tech index slipped 1.24%. In South Korea, the Kospi closed just above the flatline at 2,170.93 and the Kosdaq was 0.18% higher at 675.07

In mainland China, the Shanghai Composite was 0.13% lower at 3,041.20 and the Shenzhen Component closed 0.18% higher at 10,919.44. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat in the late afternoon

Overnight in the U.S., the Dow Jones Industrial Average popped 548.75 points, or 1.88%, to 29,683.74. The S&P 500 gained 1.97% to 3,719.04,  staging a comeback after notching a new bear market low the previous session. The Nasdaq Composite was 2.05% higher at 11,051.64 at the close