Market Report - US

US open: Stocks higher as Trump drops EU tariff plan, investors digest PCE reading

By Iain Gilbert

Date: Thursday 22 Jan 2026

(Sharecast News) - Major indices were in the green early on Thursday after Donald Trump dialled back his rhetoric surrounding Greenland and said he would no longer impose new tariffs on European nations.
As of 1515 GMT, the Dow Jones Industrial Average was up 0.42% at 49,283.95, while the S&P 500...

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