U.S. equity markets secured a fourth straight day of gains Wednesday as investors received better-than-expected news on the jobs front and as the riots and looting that gripped America over the past week showed signs of abating.

The Dow Jones Industrial Average climbed 527 points, or 2.05 percent closing above 26,000, a key psychological level. The S&P 500 and the Nasdaq Composite gained 1.36 percent and 0.78 percent, respectively.

Financials, industrials and energy stocks helped drive the gains. West Texas Intermediate crude oil gained 1.3 percent to $37.29 a barrel.

Protests following the death of George Floyd continued across the country on Tuesday evening, but there were fewer reports of violence than on previous nights.

Meanwhile, the ADP Employment Report released Wednesday morning showed the private sector lost 2.7 million workers in May versus the 9 million job losses that analysts surveyed by Refinitiv were expecting. The report showed 20 million job losses in April. On Friday, the May jobs report will be released.

Looking at stocks, gun-related names that had seen big gains over the past few sessions cooled off. Heavily beaten-down airline stocks continued their recent grind higher while cruise operators turned lower.