<p>Wall Street ended higher on Wednesday, with the S&amp;P 500 posting its biggest one-day percentage gain in two months, as investors were buoyed by news that a framework for an agreement on Greenland had been reached and the possibility of new U.S. tariffs on European allies had been averted.</p>
<p>Both the Dow Jones Industrial Average and Nasdaq Composite also enjoyed milestone days, gaining the most in percentage terms since January 5 and December 19, respectively.</p>
<p>The advances stood in stark contrast to the previous day&#8217;s selloff, which had been the worst daily performance by all three benchmarks since October 10, and reflected U.S. President Donald Trump&#8217;s use of tariff threats to press his agenda before pivoting once the policy victory could be declared.</p>
<p>&#8220;We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,&#8221; Trump wrote on his Truth Social platform. &#8220;Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st.&#8221;</p>
<p>Wall Street benchmarks had been trading in positive territory at the time of the announcement, but soared in its wake as investors cheered the aversion of a potential new tariff war over the future of Greenland.</p>
<p>&#8220;I don&#8217;t think who owns Greenland has any immediate impact on anything, in terms of economics,&#8221; said Jason Pride, chief of investment strategy &amp; research at Glenmede.</p>
<p>&#8220;What is the economic impact is whether we all start imposing tariffs on each other,&#8221; he added.</p>
<p>The Dow Jones Industrial Average rose 588.64 points, or 1.21%, to 49,077.23, the S&amp;P 500 gained 78.76 points, or 1.16%, to 6,875.62, and the Nasdaq Composite gained 270.50 points, or 1.18%, to 23,224.83.</p>
<p>Before the mid-afternoon Greenland announcement, Wall Street had been broadly positive, as investors responded to Tuesday&#8217;s bruising selloff. However, while initial momentum had propelled benchmarks more than 1% higher, this energy had been ebbing by early afternoon.</p>
<p>While light on details, Trump&#8217;s announcement allowed markets to focus on underlying strengths within the U.S. economy, including strong earnings from banks.</p>
<p>The latest wave of results from lenders, including some of the largest superregional names, helped send the regional banking index soaring 4.7% to its highest close since November 2024.</p>
<p>Citizens Financial Group surged 7.1% to a record closing high, on the back of a 31.7% jump in quarterly profit. Truist Financial Corp climbed 1.8% after recording higher interest income and fees from investment banking.</p>
<p>All the S&amp;P 500 subsectors rose, led by energy. It was buoyed by Halliburton, which gained 4.1% after earnings beat estimates, while EQT Corp and Expand Energy advanced 6.5% and 4.5% respectively, as natural gas prices hit a six-week high on cold weather.</p>
<p>United Airlines rose 2.2% after the carrier issued an upbeat outlook for the current quarter and the full year. Other airlines benefited from the positive sentiment, with Delta Air Lines, American Airlines, and Southwest all gaining between 1.1% and 2.4%.</p>
<p>Meanwhile, Netflix dropped 2.2% after reporting a muted outlook in its latest earnings. The streaming giant&#8217;s stock was also weighed by a pause in share buybacks to help fund the purchase of Warner Bros Discovery&#8217;s studio and streaming businesses.</p>
<p>Kraft Heinz fell 5.7% after a regulatory filing showed Berkshire Hathaway may shed its 27.5% stake in the consumer company.</p>
<p>(Reporting by Sruthi Shankar and Pranav Kashyap in Bengaluru and David French in New York; Additional reporting by Johann M Cherian; Editing by Krishna Chandra Eluri and Shilpi Majumdar)</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Wall Street Ends Higher As Investors Cheer Greenland Framework Deal, Averted Tariffs

Trump DOJ Sues UCLA Over Treatment Of Jewish Students

Trump IRS Considers New Requirement As Immigration Crackdown Expands

Blue State Governor Commutes Prison Sentence Of Pro-Trump Election Official

Supreme Court Move Puts Alabama Redistricting Back In Play

Court Moves Against Trump Trade Agenda In Major Ruling

White House Rips ‘Star Wars’ Star As ‘Sick’ Over Disturbing Post

News

Donald Trump

Europe

Greenland

Tariffs

Wall Street

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Wall Street Ends Higher As Investors Cheer Greenland Framework Deal, Averted Tariffs