US Stocks Surge as Greenland Tensions Ease, Tariff Threats Recede

• US stocks rose significantly after President Trump softened his stance on Greenland, withdrawing tariff threats against Europe.
• Markets initially weakened due to Trump's tariff threats but rebounded after he stated he "won't use force" for Greenland.
• Trump still demanded "immediate negotiations" with "ungrateful" Denmark despite easing military and trade tensions.
• Major US indices, including the S&P 500, finished 1.2 percent higher, and the dollar strengthened.
• The controversy had previously sparked warnings of retaliation from the EU and revived concerns about US asset confidence.

Why It Matters: US stocks rallied as President Trump de-escalated Greenland tensions and withdrew tariff threats, calming market fears.