US stocks ended higher on Thursday for the fifth straight day. The Dow Jones Industrial Average added 1.23 percent. The S&P 500 rose 1.21 percent. And the Nasdaq Composite gained 1.58 percent. Concerns of surging inflation have subsided after shares plunged to two-year lows last week. In Europe, stock markets are recovering from the global panic. The British FTSE 100 gained 0.29 percent. The French CAC 40 advanced 1.11 percent. The German DAX rose slightly by 0.06 percent.