03:36 PM EDT, 05/29/2025 (MT Newswires) -- US benchmark equity indexes are on track to close higher on Thursday, after most of President Donald Trump's reciprocal tariffs were blocked by a federal court.

The Dow Jones Industrial Average gained 0.2% to 42,194.37, while the Nasdaq Composite increased 0.3% to 19,163.82. The S&P 500 was up 0.3% to 5,906.42. All sectors except communications were in black, with real estate leading the rally.

Nordson ( NDSN ) shares were up 7.4%, the best performer on the S&P 500. The company said Quasar Medical will acquire its design and development contract manufacturing sites in Galway, Ireland, and Tecate, Mexico.

Estee Lauder ( EL ) shares were up 3.7% after Barclays raised the price target on its stock to $63 from $56.

HP (HPQ) stock was down 7.9%, the worst performer on the S&P 500. The company reported lower fiscal Q2 adjusted earnings late Wednesday and cut its fiscal 2025 non-GAAP EPS guidance.

Best Buy ( BBY ) shares were down 7.8%. The company lowered its full-year outlook Thursday due to the impact of tariffs, while the electronics retailer's fiscal first-quarter revenue fell more than market expectations.

The 10-year US Treasury yield was down 5.3 basis points to 4.43%, while the two-year rate fell 4.9 basis points to 3.95%.

July West Texas Intermediate crude oil was down 1.4% to $60.96 a barrel.