Stock market steadies after Trump says he won't forcibly take Greenland
Fastcompany·2026-01-22 13:27
Market Performance - The S&P 500 rose by 0.6% following Trump's speech, which indicated a non-aggressive stance on international issues, aiding in the recovery from a previous 2.1% drop [1] - The Dow Jones Industrial Average increased by 336 points, or 0.7%, while the Nasdaq composite was up by 0.5% [2] Bond Market and Currency - Treasury yields eased after a previous increase, indicating potential concerns about long-term inflation, supported by a calming of bond yields in Japan [3] - The U.S. dollar stabilized against the euro, Swiss franc, and other currencies after a decline the day before [3]