US STOCKS-Wall St up as Draghi raises stimulus hopes, oil surges
* Draghi says ECB could reconsider policy in March
* Crude oil prices rise more than 5 pct
* Verizon gains on better-than-expected profit
* Indexes up: Dow 1.59 pct, S&P 1.48 pct, Nasdaq 1.27 pct (Updates to early afternoon)
By Abhiram Nandakumar
Jan 21 (Reuters) - Wall Street rallied after a hesitant start on Thursday as oil prices surged towards their biggest gain this year and ECB President Mario Draghi raised hopes of further stimulus.
All 10 major S&P 500 sectors were higher, with a 3.2 percent jump in energy stocks leading the pack. All but two Dow components were higher as well.
The European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy as early as March. Many analysts had not expected a rate cut before June.
Oil prices reversed course to trade up more than 5 percent, just shy of $30 a barrel, after U.S. crude stockpiles did not rise as much as feared and Draghi's comments lifted U.S. and European stock markets. Continuación...