Markets

Stocks Settle Sharply Higher as President Trump Claims Deal on Greenland

January 23, 2026

U. S. stock markets rallied sharply on January 22, 2026, after President Trump announced a framework deal with NATO regarding Greenland and backed off threatened tariffs on European goods. The Dow Jones surged over 550 points, with the S&P 500 and Nasdaq also experiencing significant gains, recovering from the previous day's losses.

Stocks Settle Sharply Higher as President Trump Claims Deal on Greenland

Credit: Yahoo

Key Highlights

Dow Jones Industrial Average rose over 550 points, up 1.21%.
S&P 500 Index closed up 1.16%, turning positive for the year.
Nasdaq Composite Index increased by 1.36%.
Trump's announcement included a framework deal on Greenland and cancellation of tariff threats.
Stock recovery followed a prior day of market turmoil.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Stocks Settle Sharply Higher as President Trump Claims Deal on Greenland

Key Highlights

Sources

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