US stocks rally again after Trump backs off Greenland tariff threatNEW YORK, Jan 23, 2026 (BSS/AFP) - Global stocks rallied Thursday, lifting US indices for a second straight day after President Donald Trump dialed back tariff threats on Europe over their opposition to a US takeover of Greenland. Wall Street indices, which jumped more than one percent Wednesday after Trump significantly softened his tone on Greenland, finished solidly higher again Thursday. But relief came Wednesday when Trump backed down on threats to seize the Arctic island by force from ally Denmark and retracted his tariff threat. - Trade wars 'biggest concern' -But analysts said there was no guarantee that Europe-US relations had improved durably, a concern that capped gains. "Trade wars are the biggest concern for markets."

Source: Bangladesh Sangbad Sangstha January 23, 2026 03:57 UTC