Wall Street on Thursday rose after President Donald Trump exhorted traders to "go out and buy stock now" following the announcement of a trade deal between the U.S. and the United Kingdom - the first of its kind since Trump's imposition of sweeping reciprocal tariffs in April.

Tesla investors are looking for signs that any brand damage from Elon Musk’s politics is fading. Evidence hasn’t arrived yet.

Shares of Rigetti Computing ( RGTI 2.47%) are skyrocketing on Thursday. The quantum computing start-up's stock surged 10.5% as of 2:50 p.m. ET and was up as much as 12.3% earlier in the day. The rise comes as the S&P 500 gained 1.3% and the Nasdaq Composite rose 1.8%.