Dow Soars 500 Points After Trump Abandons Scheduled European Tariffs In Surprise Greenland Deal
Wall Street breathed a collective sigh of relief on Wednesday after President Trump pivoted sharply on his Greenland ambitions, scrapping threatened tariffs against Europe in a move that sent stock indices soaring. The sudden reversal—announced via Truth Social late in the afternoon trading session—erased most of Tuesday's brutal losses and…
bubmagJanuary 22, 2026