Wall Street experienced a significant upswing today, driven by a surprising announcement from President Donald Trump regarding a temporary pause on tariffs for certain countries. This development led to a broad risk-on rally, propelling major indices to multi-month highs. The Nasdaq 100 surged over 12% to 17,124.97, while the S&P 500 climbed 9.5% to surpass 5,456 points. The Dow Jones Industrial Average rose 7.9% to 40,608.45.

Venus Concept shares skyrocketed by 210.07%, closing at $8.93. The stock hit an intraday high of $14.50 and a low of $7.07, with a 52-week range of $17.49 to $2.16. The surge followed the company’s announcement of securing $23.24 million in bridge financing from Madryn Health Partners. In the after-hours trading the stock slipped by over 46%.

Shares of US Steel rose by 2.47%, closing at $45.14. The stock reached an intraday high of $46.18 and a low of $42.93, with a 52-week range of $46.18 to $26.92. In after-hours trading, the shares crashed nearly 11% to $40.19. The increase on Wednesday’s regular session came after Trump expressed his desire to keep the company from being acquired by Nippon Steel, emphasizing its importance as a U.S. company.

Redwire’s stock jumped 29.31%, closing at $9.97. It recorded an intraday high of $10.28 and a low of $7.82, with a 52-week range of $26.66 to $3.39. In the after-hours session, the shares rose 4.2%. The rally followed the company’s announcement of a memorandum of understanding with Ispace Technologies-U.S., Inc. to pursue NASA’s $2.6 billion lunar economy mission.

Apple shares increased by 15.33%, closing at $198.85. The stock’s intraday high was $200.61, with a low of $171.89, and a 52-week range of $260.09 to $164.08. A BofA Securities analyst maintains a Buy rating on the stock, despite potential cost surges on iPhones due to tariffs.

Benzinga Edge Stock Rankings show Apple Momentum in the 51st percentile and Growth in the 45th percentile. Wondering which stock ranks higher? Find out here.