US stocks jumped after data showed the US economy grew faster than expected in the last quarter, soothing recent worries about the strength of the recovery.

The Dow Jones industrial average added 2.05 percent, to 9,962.58. The Standard & Poor's 500 Index put on 6.19 points, or 0.59 percent, to 1,048.82. The Nasdaq Composite Index gained 1.84 percent, to 2,097.55.

European shares turned positive after data showed the US economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded.

The Commerce Department, in its first estimate of third-quarter gross domestic product, said the economy grew at a 3.5 percent annual rate, the fastest pace since the third quarter of 2007, unofficially ending the worst recession in 70 years. It contracted 0.7 percent in the April-June period.

The FTSEurofirst 300 index of top European shares is up 0.7 percent at 987.06 points after hovering in negative territory before the data.

Japan's Nikkei average slid below 10,000 to a three-week closing low as a strong yen undercut exporter shares and weak US data renewed worry about global economic growth, sparking a broad sell-off on Wall Street.

The benchmark Nikkei lost 1.8 percent or 183.95 points to 9,891.10, its lowest close since Oct. 8. Earlier, it fell as much as 2.2 percent.