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Canada, U.S. Markets Rise After Trump Changes Course on Greenland-Related Tariffs
Markets rebounded with Canada’s S&P/TSX rising 130.60 points as Trump abandoned military plans and softened tariff threats, easing investor concerns about geopolitical tensions.
- Yesterday, Canadian and U.S. markets bounced after U.S. President Donald Trump said he would not use military force over Greenland and stepped back from threatened tariffs, The Canadian Press reported Jan. 21, 2026.
- Market commentators say this bargaining tactic has repeatedly unsettled investors, as `TACO` remains active.
- Stronger commodity prices and corporate earnings combined to support markets, with February gold rising US$71.70 to US$4,837.50 an ounce and United Airlines' better-than-expected profit for the final three months of 2025, boosting sentiment.
- The S&P/TSX composite index benefited from energy sector gains, backed by AI capex, and Theresa Shutt said it lent positive sentiment after yesterday's sell-off.
- Trump said he reached a framework deal about Greenland, and analysts noted United Airlines' results reflect a `K-shaped` economy with uneven recovery this year and travel momentum into 2026.
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Stock Market Today, Jan. 21: Dow Rebounds After Greenland and Tariff Tensions Ease
The S&P 500 (SNPINDEX:^GSPC) rose 1.16% to 6,875.48, the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 1.18% to 23,224.82, and the Dow Jones Industrial Average (DJINDICES:^DJI) advanced 1.21% to 49,077.24 as de-escalation of Greenland and tariff tensions fueled a relief rally.Market moversGeopolitically exposed Dow components rebounded after Tuesday’s slide, while rotation themes kept pressure on some mega-cap tech even as the broader Nasdaq boun…
·Alexandria, United States
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The Dow Jones index rose 1.21% to 49,077.23 points, the S&P 500 advanced 1.16% to 6,875.62 points, and the Nasdaq climbed 1.18% to 23,224.825 points.
·Brazil
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Coverage Details
Total News Sources31
Leaning Left8Leaning Right1Center8Last UpdatedBias Distribution47% Left, 47% Center
Bias Distribution
- 47% of the sources lean Left, 47% of the sources are Center
47% Center
L 47%
C 47%
Factuality
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