Dow surges 700 points after Trump announces Greenland framework, calls off tariff threat
New York Post·2026-01-21 20:11
The stock market bounced back from its worst day since October on Wednesday after President Donald 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.In late day trading, the blue-chip Dow Jones Industrial Average climbed 1.2%, or nearly 600 points, to 49,072. The S&P 500 gained 1.1%, and the Nasdaq advanced more than 250 points, or 1.2%. Trump said the deal, “if consummated, will be a great one ...