US stocks recover half of the prior day's plunge after Trump calls off Greenland-related tariffs

Market Reaction - The U.S. stock market rebounded after President Trump announced a potential deal regarding Greenland and the cancellation of threatened tariffs on European countries, leading to a 1.2% increase in the S&P 500 [1][2] - The Dow Jones Industrial Average rose by 588 points, or 1.2%, while the Nasdaq composite also climbed 1.2% [2] Treasury Yields and Currency - Treasury yields eased, indicating reduced investor concerns, aided by stability in Japan's bond market [3] - The U.S. dollar regained some value against other currencies after a decline the previous day [3] Company Performance - Halliburton's stock increased by 4.1% following a stronger-than-expected quarterly profit report [6] - United Airlines saw a 2.2% rise in its stock price after reporting better-than-expected profits for the last quarter of 2025, with CEO Scott Kirby noting continued revenue momentum into 2026 [6]