US stocks recover half of the prior day's plunge after Trump calls off Greenland-related tariffs
NEW YORK (AP) — 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...
Read MoreWed, 21 Jan 2026
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