Stocks added to gains on Thursday, sending the S&P 500 and Nasdaq up more than 3 percent, as surprisingly upbeat preliminary quarterly results from Wells Fargo fueled hopes that stabilization may be returning in the banking sector.

* Apple Inc led the Nasdaq higher after Credit Suisse lifted its price target on the stock to $133 from $120.

* The Dow Jones industrial average <.DJI> gained 196.57 points, or 2.51 percent, to 8,033.68. The Standard & Poor's 500 Index <.SPX> rose 24.24 points, or 2.94 percent, to 849.40. The Nasdaq Composite Index <.IXIC> jumped 49.69 points, or 3.12 percent, to 1,640.35.

(Reporting by Edward Krudy; Editing by Theodore d'Afflisio) Keywords: MARKETS STOCKS/3PCT