Markets

Wall Street rises after sharp selloff, spotlight on Trump speech

January 21, 2026

US stock indices opened higher slightly on Wednesday as investors digested President Donald Trump's speech at the World Economic Forum in Davos where he retreated his demand for Greenland acquisition. At the open, the S&P 500 rose 0.30%, the Nasdaq Composite index added 0.21% and the Dow Jones Industrial Average climbed 0.33%. Trump’s comments unsettled stock markets earlier in the week.

Wall Street rises after sharp selloff, spotlight on Trump speech

Credit: Livemint

Key Highlights

All three major US indices tumbled nearly 2% on Tuesday, as investors flocked to safe-haven assets after Trump threatened to implement new tariffs on European nations until the US is allowed to buy Greenland, an autonomous territory of Denmark.
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Wall Street rises after sharp selloff, spotlight on Trump speech

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.

Wall Street rises after sharp selloff, spotlight on Trump speech

Key Highlights

Sources

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