US stock indices rose on Thursday after a US court order to suspend Trumps reciprocal tariffs.

The US International Trade Court in Manhattan ruled today that Trump overstepped his authority by imposing an economic emergency and tariffs on other countries, and ordered the administration to stop collecting tariffs.

Nvidias stock also rallied following its results, which showed first-quarter earnings above estimates on strong demand on data centers.

Earlier US data showed the second reading for GDP with a 0.2% contraction in the first quarter, below the 0.3% contraction in the first reading.

US unemployment claims rose by 14 thousand last week, while analysts expected an increase of 3 thousand.

On trading, Dow Jones rose 0.1% as of 16:03 GMT to 42,111 points, while SP 500 added 0.5%, or 28 points to 5917 points, as NASDAQ added 0.8% to 19,258 points.