U.S. Stocks Rebound as Trump Rules Out Force to Acquire Greenland (2026-01-21)
U.S. stocks rose on January 21, 2026, after former President Donald Trump stated he would not use military force to seize control of Greenland, easing geopolitical concerns that had unsettled markets earlier in the week. The S&P 500 gained 1.8%, the Dow climbed 1.6%, and the Nasdaq Composite added 2.1%. Treasury yields retreated, with the 10-year yield falling to 4.32% from 4.48% the prior day, as demand for safe-haven assets weakened. Gold prices dropped 2.4% to $1,930 per ounce. Trump’s comments came during a campaign event in South Carolina, where he dismissed speculation about aggressive territorial expansion, calling the idea of invading Greenland "ridiculous." Earlier reports suggesting he had considered using defense assets to establish U.S. presence sparked diplomatic tension with Denmark, which governs Greenland. Analysts say the market rally reflects relief over reduced short-term geopolitical risk, though volatility may persist given the sensitivity of global markets to political rhetoric in the 2026 election cycle.