US stocks rose on Thursday as investors were relieved that President Trump called off threatened tariffs on European allies over the pursuit of Greenland. The Nasdaq gained nearly 0.9%, Tesla shares surged over robotaxi optimism, and gold crossed $4,900 per ounce for the first time. The S&P 500 and Dow Jones also advanced on Wall Street’s rally. Trump paused tariffs planned for NATO members, soothing concerns, while Intel leads Big Tech earnings. The US economy grew 4.4% in Q3 2025, but jobless claims ticked up slightly. Gold reached $5,400 per ounce according to Goldman Sachs. Stocks rose after Trump reversed course on tariffs, with Meta and Alphabet leading the tech push. Paramount Skydance extended its offer for Warner Bros. shares, and Abbott missed revenue forecasts. Natural gas prices surged on cold weather forecasts, while Mobileye stock fell on revenue outlook. Alibaba plans an IPO for chipmaking unit T-Head, and Moderna stock rose on cancer vaccine results. GameStop and Ubisoft also saw premarket movement.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq rise for second day in a row as Greenland drama fades