U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially up 0.6%, the S&P 500 up 0.58%, and the Nasdaq up 1.07%. Cryptocurrency concept stocks led the market, with Canaan Inc (CAN.O) rising nearly 9%, Robinhood (HOOD.O) up 8%, and MicroStrategy (MSTR.O) gaining over 5%. Google A (GOOGL.O) rose nearly 2%, and Tesla (TSLA.O) increased by 3%.