Stock Market Today, Jan. 21: Dow Rebounds After Greenland and Tariff Tensions Ease

Market Performance - The S&P 500 rose 1.16% to 6,875.48, the Nasdaq Composite climbed 1.18% to 23,224.82, and the Dow Jones Industrial Average advanced 1.21% to 49,077.24 due to de-escalation of Greenland and tariff tensions [1] - Today's rally followed the worst U.S. market session in months, indicating a significant recovery in investor sentiment [4] Geopolitical Impact - President Trump eased tensions with a two-part announcement, ruling out military action in Greenland and agreeing to a framework for a deal with NATO, which contributed to a relief rally in the markets [3] - The geopolitical news led investors to feel more comfortable buying back into stocks, reflecting a lower geopolitical risk profile [3] Company-Specific Movements - Geopolitically exposed Dow components rebounded after a previous slide, while some mega-cap tech stocks faced pressure despite the broader Nasdaq's gains [2] - 3M Company experienced a decline of 0.15%, while International Business Machines saw an increase of 2.12%, highlighting mixed investor sentiment towards traditional blue chips [2]