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Wall Street jumps on China bets and commodities


    NEW YORK (Reuters) - Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.

    * New York crude oil futures closed up 9 percent.

    * The Dow Jones industrial average gained 149.82 points, or 2.23 percent, to end unofficially at 6,875.84. The Standard & Poor's 500 Index added 16.54 points, or 2.38 percent, to 712.87. The Nasdaq Composite Index rose 32.73 points, or 2.48 percent, to 1,353.74.

    (Reporting by Rodrigo Campos; Editing by Jan Paschal)