diff --git a/frontend/src/libs/run.ts b/frontend/src/libs/run.ts
index 0f3caa9942..5a622a9b6b 100644
--- a/frontend/src/libs/run.ts
+++ b/frontend/src/libs/run.ts
@@ -2,6 +2,7 @@ import { get as _get } from 'lodash';
 import { StatusIndicatorProps } from '@cloudscape-design/components';
 
 import { capitalize } from 'libs';
+import { finishedRunStatuses } from '../pages/Runs/constants';
 
 import { IModelExtended } from '../pages/Models/List/types';
 
@@ -9,7 +10,7 @@ export const getStatusIconType = (
     status: IRun['status'] | TJobStatus,
     terminationReason: string | null | undefined,
 ): StatusIndicatorProps['type'] => {
-    if (terminationReason === 'interrupted_by_no_capacity') {
+    if (finishedRunStatuses.includes(status) && terminationReason === 'interrupted_by_no_capacity') {
         return 'stopped';
     }
     switch (status) {
@@ -41,24 +42,26 @@ export const getStatusIconColor = (
     if (terminationReason === 'failed_to_start_due_to_no_capacity' || terminationReason === 'interrupted_by_no_capacity') {
         return 'yellow';
     }
-
     switch (status) {
+        case 'submitted':
+        case 'pending':
+                return 'blue';
         case 'pulling':
             return 'green';
         case 'aborted':
             return 'yellow';
         case 'done':
-            return 'blue';
+            return 'grey';
         default:
             return undefined;
     }
 };
 
 export const getRunStatusMessage = (run: IRun): string => {
-    if (run.latest_job_submission?.status_message) {
+    if (finishedRunStatuses.includes(run.status) && run.latest_job_submission?.status_message) {
         return capitalize(run.latest_job_submission.status_message);
     } else {
-        return capitalize(run.status);
+        return capitalize(run.status_message || run.status);
     }
 };
 
diff --git a/frontend/src/pages/Runs/Details/RunDetails/index.tsx b/frontend/src/pages/Runs/Details/RunDetails/index.tsx
index b336257d4a..0d812b1c82 100644
--- a/frontend/src/pages/Runs/Details/RunDetails/index.tsx
+++ b/frontend/src/pages/Runs/Details/RunDetails/index.tsx
@@ -24,6 +24,7 @@ import { Logs } from '../Logs';
 import { getJobSubmissionId } from '../Logs/helpers';
 
 import styles from './styles.module.scss';
+import { finishedRunStatuses } from 'pages/Runs/constants';
 
 export const RunDetails = () => {
     const { t } = useTranslation();
@@ -47,8 +48,8 @@ export const RunDetails = () => {
 
     if (!runData) return null;
 
-    const status = runData.latest_job_submission?.status ?? runData.status;
-    const terminationReason = runData.latest_job_submission?.termination_reason;
+    const status = finishedRunStatuses.includes(runData.status) ? runData.latest_job_submission?.status ?? runData.status : runData.status;
+    const terminationReason = finishedRunStatuses.includes(runData.status) ? runData.latest_job_submission?.termination_reason : null;
 
     return (
         <>
diff --git a/frontend/src/pages/Runs/List/hooks/useColumnsDefinitions.tsx b/frontend/src/pages/Runs/List/hooks/useColumnsDefinitions.tsx
index 244c1b07bf..62622e934b 100644
--- a/frontend/src/pages/Runs/List/hooks/useColumnsDefinitions.tsx
+++ b/frontend/src/pages/Runs/List/hooks/useColumnsDefinitions.tsx
@@ -16,6 +16,7 @@ import {
     getRunListItemResources,
     getRunListItemSpotLabelKey,
 } from '../helpers';
+import { finishedRunStatuses } from 'pages/Runs/constants';
 
 export const useColumnsDefinitions = () => {
     const { t } = useTranslation();
@@ -65,8 +66,8 @@ export const useColumnsDefinitions = () => {
             id: 'status',
             header: t('projects.run.status'),
             cell: (item: IRun) => {
-                const status = item.latest_job_submission?.status ?? item.status;
-                const terminationReason = item.latest_job_submission?.termination_reason;
+                const status = finishedRunStatuses.includes(item.status) ? item.latest_job_submission?.status ?? item.status : item.status;
+                const terminationReason = finishedRunStatuses.includes(item.status) ? item.latest_job_submission?.termination_reason : null;
 
                 return (
                     <StatusIndicator
diff --git a/frontend/src/pages/Runs/constants.ts b/frontend/src/pages/Runs/constants.ts
index c637d84a2a..c38a440c83 100644
--- a/frontend/src/pages/Runs/constants.ts
+++ b/frontend/src/pages/Runs/constants.ts
@@ -4,3 +4,5 @@ export const runStatusForStopping: TJobStatus[] = ['submitted', 'provisioning',
 export const runStatusForAborting: TJobStatus[] = ['submitted', 'provisioning', 'pulling', 'pending', 'running'];
 export const unfinishedRuns: TJobStatus[] = ['running', 'terminating', 'pending'];
 export const finishedJobs: TJobStatus[] = ['terminated', 'aborted', 'failed', 'done'];
+// TODO: Replace TJobStatus with TRunStatus and remove all consts above
+export const finishedRunStatuses: TJobStatus[] = ['done', 'failed', 'terminated'];
diff --git a/frontend/src/types/run.d.ts b/frontend/src/types/run.d.ts
index 31bcaddbaa..ac99d2e838 100644
--- a/frontend/src/types/run.d.ts
+++ b/frontend/src/types/run.d.ts
@@ -173,6 +173,7 @@ declare interface IRun {
     latest_job_submission?: IJobSubmission;
     cost: number;
     service: IRunService | null;
+    status_message?: string | null;
 }
 
 declare interface IMetricsItem {
diff --git a/src/dstack/_internal/cli/utils/run.py b/src/dstack/_internal/cli/utils/run.py
index 48f5abafa2..ad3af41fb0 100644
--- a/src/dstack/_internal/cli/utils/run.py
+++ b/src/dstack/_internal/cli/utils/run.py
@@ -166,15 +166,15 @@ def get_runs_table(
         run_row: Dict[Union[str, int], Any] = {
             "NAME": run.run_spec.run_name,
             "SUBMITTED": format_date(run.submitted_at),
+            "STATUS": (
+                run.latest_job_submission.status_message
+                if run.status.is_finished() and run.latest_job_submission
+                else run.status_message
+            ),
         }
         if run.error:
             run_row["ERROR"] = run.error
         if len(run.jobs) != 1:
-            run_row["STATUS"] = (
-                run.latest_job_submission.status_message
-                if run.latest_job_submission
-                else run.status
-            )
             add_row_from_dict(table, run_row)
 
         for job in run.jobs:
diff --git a/src/dstack/_internal/core/models/runs.py b/src/dstack/_internal/core/models/runs.py
index 51bee78fc2..ac95f651f6 100644
--- a/src/dstack/_internal/core/models/runs.py
+++ b/src/dstack/_internal/core/models/runs.py
@@ -496,6 +496,7 @@ class Run(CoreModel):
     submitted_at: datetime
     last_processed_at: datetime
     status: RunStatus
+    status_message: Optional[str] = None
     termination_reason: Optional[RunTerminationReason]
     run_spec: RunSpec
     jobs: List[Job]
@@ -524,6 +525,49 @@ def _get_error(termination_reason: Optional[RunTerminationReason]) -> Optional[s
         else:
             return None
 
+    @root_validator
+    def _status_message(cls, values) -> Dict:
+        try:
+            status = values["status"]
+            run_spec: RunSpec = values["run_spec"]
+            retry_on_events = (
+                run_spec.configuration.retry.on_events
+                if run_spec and run_spec.configuration.retry
+                else []
+            )
+            jobs = values["jobs"]
+            termination_reason = Run.get_last_termination_reason(jobs[0]) if jobs else None
+        except KeyError:
+            return values
+        values["status_message"] = Run._get_status_message(
+            status=status,
+            retry_on_events=retry_on_events,
+            termination_reason=termination_reason,
+        )
+        return values
+
+    @staticmethod
+    def get_last_termination_reason(job: "Job") -> Optional[JobTerminationReason]:
+        for submission in reversed(job.job_submissions):
+            if submission.termination_reason is not None:
+                return submission.termination_reason
+        return None
+
+    @staticmethod
+    def _get_status_message(
+        status: RunStatus,
+        retry_on_events: List[RetryEvent],
+        termination_reason: Optional[JobTerminationReason],
+    ) -> str:
+        # Currently, `retrying` is shown only for `no-capacity` events
+        if (
+            status in [RunStatus.SUBMITTED, RunStatus.PENDING]
+            and termination_reason == JobTerminationReason.FAILED_TO_START_DUE_TO_NO_CAPACITY
+            and RetryEvent.NO_CAPACITY in retry_on_events
+        ):
+            return "retrying"
+        return status.value
+
 
 class JobPlan(CoreModel):
     job_spec: JobSpec
diff --git a/src/dstack/api/server/_runs.py b/src/dstack/api/server/_runs.py
index 22f994cc4c..cfd70d6d5e 100644
--- a/src/dstack/api/server/_runs.py
+++ b/src/dstack/api/server/_runs.py
@@ -100,6 +100,7 @@ def _get_apply_plan_excludes(plan: ApplyRunPlanInput) -> Optional[Dict]:
     current_resource = plan.current_resource
     if current_resource is not None:
         current_resource_excludes = {}
+        current_resource_excludes["status_message"] = True
         apply_plan_excludes["current_resource"] = current_resource_excludes
         current_resource_excludes["run_spec"] = _get_run_spec_excludes(current_resource.run_spec)
         job_submissions_excludes = {}
diff --git a/src/tests/_internal/server/routers/test_runs.py b/src/tests/_internal/server/routers/test_runs.py
index 06ad20e76a..60d2519979 100644
--- a/src/tests/_internal/server/routers/test_runs.py
+++ b/src/tests/_internal/server/routers/test_runs.py
@@ -247,6 +247,7 @@ def get_dev_env_run_dict(
         "submitted_at": submitted_at,
         "last_processed_at": last_processed_at,
         "status": "submitted",
+        "status_message": "submitted",
         "run_spec": {
             "configuration": {
                 "entrypoint": None,
@@ -510,6 +511,7 @@ async def test_lists_runs(self, test_db, session: AsyncSession, client: AsyncCli
                 "submitted_at": run1_submitted_at.isoformat(),
                 "last_processed_at": run1_submitted_at.isoformat(),
                 "status": "submitted",
+                "status_message": "submitted",
                 "run_spec": run1_spec.dict(),
                 "jobs": [
                     {
@@ -563,6 +565,7 @@ async def test_lists_runs(self, test_db, session: AsyncSession, client: AsyncCli
                 "submitted_at": run2_submitted_at.isoformat(),
                 "last_processed_at": run2_submitted_at.isoformat(),
                 "status": "submitted",
+                "status_message": "submitted",
                 "run_spec": run2_spec.dict(),
                 "jobs": [],
                 "latest_job_submission": None,