US stocks climb some more after Trump calls off his tariffs for Greenland

Market Reaction - U.S. stocks rose, with the S&P 500 gaining 0.5%, the Dow Jones Industrial Average climbing 306 points (0.6%), and the Nasdaq composite rising 0.9% following President Trump's tariff rollback [2][3] Economic Indicators - Reports indicated fewer U.S. workers applied for unemployment benefits than expected, suggesting low layoffs, and the U.S. economy grew faster than initially estimated during the summer [5] - Inflation in November was close to economists' expectations, and consumer spending was slightly better than anticipated [6] Company Performance - Northern Trust's stock climbed 6% after reporting stronger-than-expected profits for the end of 2025, with CEO Michael O'Grady noting strong momentum across all business sectors as they enter 2026 [7]