Stock Market Today, Jan. 22: Markets Surge Again Today After Greenland Tariffs Are Dropped

Market Overview - The S&P 500 rose 0.54% to 6,912.54, the Nasdaq Composite gained 0.91% to 23,436.02, and the Dow Jones Industrial Average added 0.63% to 49,384.00 as tariff fears eased and risk appetite firmed [1] Market Movers - FuelCell Energy and Enphase Energy jumped 6.10% and 12.54%, respectively, due to relief over scrapped Greenland-linked tariffs, while strength in Meta Platforms and a rebound in Tesla helped extend the Nasdaq's tech-led advance [2] Investor Implications - President Trump's agreement on a framework for a deal related to Greenland and U.S. security contributed to stock market gains, with new European tariffs temporarily off the table, prompting investors to re-enter equities [3] - November personal consumption expenditures (PCE) data showed tame inflation readings, which could support lower interest rates [3] Clean Energy Sector - Clean energy stocks performed strongly as the relief on new tariffs removed a significant overhang, although caution is advised as many renewable energy companies still face challenges from a U.S. administration that has opposed the sector at times [4] - Long-term investors are encouraged to maintain their positions and not react to short-term market fluctuations driven by headlines [4]