The U.S. stock market rebounded after President Donald Trump called off Greenland-related tariffs that he had threatened to impose on Europe
ByThe Associated Press
January 21, 2026, 4: 22 PM
The U.S. stock market rebounded after President Donald Trump called off Greenland-related tariffs that he had threatened to impose on Europe.
The S&P 500 rallied 1.2% Wednesday after Trump said he reached the framework of a deal about Greenland, an island he’s long coveted, and won’t impose tariffs he had threatened on several European countries. The index recovered about half the ground it lost a day earlier.
The Dow Jones Industrial Average also rose 1.2%, as did the Nasdaq comp