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• The Dow Jones Industrial Average .DJI rose 254.69 points, or 1.07 percent, to close at 24,103.11, the S&P 500 .SPX gained 35.87 points, or1.38 percent, to 2,640.87 and the Nasdaq Composite .IXIC added 114.22 points, or 1.64 percent, to 7,063.45.

Wall Street surged on Thursday, bringing an upbeat end to a tumultuous, holiday-shortened week as technology stocks rebounded, but the S&P 500and the Dow Jones Industrial Average posted their biggest quarterly declines in more than two years.

The year started strong, but early gains evaporated as the markets entered a correction over interest rate jitters, fears of an escalating import tariff dispute between the United States and China, and a selloff in the tech sector.

• Markets in Japan and South Korea opened higher on Friday for the last trading day of the quarter, following a rally in U.S. stocks overnight.

• Trading volume is set to be thin as many markets in the region, including Australia, Singapore, India and Indonesia, are closed for the Good Friday public holiday.

• Japan's Nikkei 225 rose 1 percent in early trade while the Topix added 0.69 percent. In South Korea, the Kospi was up 0.58 percent.

Reference: Reuters, CNBC