The S&P 500 and the Nasdaq rose more than 5 percent in a late rally on Thursday as solid results from Cisco and mildly encouraging jobs data helped stocks recover from recent steep losses.

The Dow Jones industrial average <.DJI> was up 481.84 points, or 4.49 percent, at 11,201.78. The Standard & Poor's 500 Index <.SPX> was up 57.18 points, or 5.10 percent, at 1,177.94. The Nasdaq Composite Index <.IXIC> was up 118.87 points, or 4.99 percent, at 2,499.92.

(Reporting by Angela Moon; Editing by Jan Paschal)