STORY: Wall Street's main indexes finished higher on Thursday, with the Dow gaining more than six-tenths of a percent, the S&P 500 adding more than half a percent and the Nasdaq climbing nine-tenths of a percent.Investors piled into stocks for a second straight day after U.S. President Donald Trump rescinded his tariff threats on European allies.Solid economic data, including a stronger-than-expected third-quarter GDP rate of 4.4%, highlighted American economic resilience.Both buoyed investor sentiment after the threat of new tariffs kicked off the holiday-shortened week with a steep selloff, explained Mike Mussio president of FBB Capital Partners. “All else being equal, the markets, you know, like not going to war with allies. The markets like deals rather than animosity and a backdrop of decent economic data, which includes the GDP growth figure, which also includes, I think, importantly, inflation data that was not overly hot. This is all, again, teeing up stuff for next week that markets seem satisfied with and comfortable with. And importantly, again, is that for all the volatility we've had over three days, we're basically even money from where we were last Friday.”Stocks on the move Thursday included Intel, which plunged more than 11% in extended trading afterthe company forecast quarterly revenue and profit below market estimates, and said it struggled to satisfy demand for its server chips used in AI data centers.Shares of medical device maker Abbott slid 10%, its largest one-day percentage drop since 2002, after the company forecast current-quarter profit below Wall Street expectations.And McCormick, the maker Cholula hot-sauce and cooking spices, dropped about 8% after forecasting weak annual profit in 2026 on higher costs related to tariffs and other inputs.