Stock futures were rising on Thursday, putting the market on course to extend the previous session's rally after President Donald Trump scrapped a plan to impose additional tariffs on eight European countries. Futures tracking the Dow Jones Industrial Average climbed 198 points, or 0.4%. S&P 500 futures gained 0.7%, and contracts tied to the tech-heavy Nasdaq 100 added 0.9%. All three of the major indexes rose by more than 1% on Wednesday after the threat of a transatlantic trade war appeared to fade, just ...

By Mike Dolan Jan 21 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World markets took a sharp intake of breath first thing Wednesday as a heavy selloff in stocks, bonds and the dollar abated while investors waited to hear from President Trump in Davos later in the day. What will Trump ​do next regarding his tariff threats against Europe over Greenland? That is hard to gauge, even though the President insists he won't back down and European leaders ...