US stock market closes: Nasdaq up 1.2%, Tesla up over 7%

The US stock market closed on Wednesday, with the Dow Jones Industrial Average initially closing down 0.2%, the S&P 500 index up 0.49%, and the Nasdaq up 1.2%. NVDA. O rose 6.4%, TSLA. O rose 7.5%, Wal Mart Stores (WMT. N) fell 2.6%, and Apple (AAPL. O) fell 1.7%. Among the blockchain concept stocks, Strategy (MSTR. O) rose 0.75% and Coinbase (COIN. O) rose 0.02%.