Markets Rebound Amid Easing Tariff Fears, Energy Sector Leads Wednesday’s Recovery

U.S. equities staged a notable recovery in afternoon trading on Wednesday, January 21, 2026, as investor anxieties eased following President Donald Trump's remarks at the World Economic Forum in Davos, Switzerland. The major market indexes, which had suffered their steepest declines in months on Tuesday, clawed back some ground, signaling a cautious return of risk appetite. The rebound was largely attributed to President Trump's statement ruling out the use of force to acquire Greenland, a key point of geop ...