NEW YORK (AP) — Wall Street is gearing up for another surge following the Dow Jones industrial average's historic 936-point jump, with investors encouraged by the U.S. government's plans to buy stock in private banks. The Dow Jones industrial average futures are up 221, or 2.32 percent, to 9,729.

Standard & Poor's 500 index futures are up 27.60, or 2.71 percent, to 1,044.30, and Nasdaq 100 index futures are up 28.50, or 1.95 percent, to 1,487.00.

President Bush said Tuesday the government will use a chunk of the $700 billion bailout to inject capital into the nation's banks, which have been slammed by souring mortgage investments. The move follows a similar one announced Monday by European governments to invest about $2 trillion in their own troubled banks.