Stocks climbed on Wednesday, boosted by a bounce in financial shares, while semiconductor stocks gained after Applied Materials said it would at least break even this quarter.

The Dow Jones industrial average <.DJI> gained 96.58 points, or 1.05 percent, to 9,338.03. The Standard & Poor's 500 Index <.SPX> rose 10.23 points, or 1.03 percent, to 1,004.58. The Nasdaq Composite Index <.IXIC> climbed 27.40 points, or 1.39 percent, to 1,997.13.

(Reporting by Leah Schnurr; Editing by Padraic Cassidy)