US stock market closes: Trump delays trade policy, Nasdaq rises 12%

Trump eased the implementation of reciprocal trade measures, causing the three major US stock indexes to soar. The Dow Jones Industrial Average initially closed up 7.87%, the S&P 500 Index rose 9.51%, and the Nasdaq Composite Index rose 12.16%. Tesla (TSLA. O) rose 22%, Apple (AAPL. O) rose 15%, and Nvidia (NVDA. O) rose 18%. Among blockchain concept stocks, MARA Holdings (MARA) rose 17.02%, Strategy (MSTR. O) rose 24.76%, and Coinbase (COIN. O) rose 16.91%. US President Trump stated that the record breaking performance of the stock market should continue.