January 21, 2026 Professional trader working at a post on the floor of the New York Stock Exchange.
Brendan McDiarmid | Reuters
Stock futures rose Wednesday night as easing geopolitical concerns sparked a broad market rally. Traders were also keeping an eye on key inflation indicators due in the morning.
futures tied to Dow Jones Industrial Average 64 points (0.1%) higher. S&P500 futures I added 0.2%, Nasdaq 100 futures It increased by 0.3%.
Major U.S. stock averages immediately rose during regular trading after President Donald Trump said he would no longer impose new tariffs on Europe starting Feb. 1 and announced he had reached a “framework” for a deal over Greenland.
President Trump, who has been relentlessly pushing for U.S. control of Greenland in recent weeks, said on Truth Social on Wednesday that he and NATO Secretary-General Mark Rutte “have formed the framework for a future agreement on Greenland.” Shortly after the announcement, President Trump told CNBC that “we have an idea of an agreement” with the Arctic island. Stocks had already risen earlier after the US president said in a speech at the World Economic Forum in Davos, Switzerland, that he had no intention of acquiring Greenland by force.
of S&P500 On this day, the Dow Jones Industrial Average rose about 1.2%, and the Dow Jones Industrial Average rose about 589 points (1.2%). The Nasdaq Composite Index, which has a high proportion of high-tech stocks, rose nearly 1.2%. of russell 2000 The small-cap index rose about 2% to a record close.
“The Greenland crisis appears to be calming and reversing the recent decline, but details regarding the ‘framework’ are not yet available,” said Eric Thiel, chief investment officer at Comerica Wealth Management. He said the rally in bailout prices led to strong gains in traditional value sectors such as financials and energy stocks.
Gina Bolvin, president of Bolvin Wealth Management Group, said the expansion of the bull market is “a sign of a healthy market.”
“Investors should not be surprised that spot buying has once again proven to be a sound investment strategy,” he said. “Investors should expect more volatility this year, but the chances of a continued bull market remain strong…Earnings expectations continue to rise – not just for the Magnificent Seven’s AI leaders, but across sectors such as financials and industrials.”
Fresh market stimulus looms Thursday morning as traders await the release of the Personal Consumption Expenditure Price Index. The PCE price index is closely monitored by the Federal Reserve because it is a preferred inflation measure that reflects changes in consumer spending behavior. Separately, weekly unemployment claims will also be filed.
Investors continue to pay close attention to earnings reports from several well-known companies this week. I’ll see you on Thursday procter and gamble, intel and ge aerospace Post quarterly results.
Despite Wednesday’s gains, the stock is still in the red for the week. The Dow 30 is expected to decline 0.6%, while the S&P 500 and Nasdaq are expected to decline about 0.9% and 1.2%, respectively.
