US stocks moved higher on Thursday after President Donald Trump said he plans to introduce reciprocal tariffs but delayed their implementation, while investors digested another report that suggested inflation is once again heating up.
The Dow Jones Industrial Average (^DJI) added more than 0.7%, or over 350 points, while the S&P 500 (^GSPC) put on over 1% and closed at 6,115.06, just shy of its record close of 6,118.71 . The tech-heavy Nasdaq Composite (^IXIC) rose more than 1.5% as Nvidia (NVDA) and Tesla (TSLA) rallied.