U.S. stocks closed sharply higher on Wednesday as investors reacted to President Trump's decision to reverse his tariff threats against European allies.

Live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.

US stocks spiked on Wednesday after President Trump announced the US and NATO "formed the framework of a future deal" on Greenland and called off threatened tariffs on European nations, just days after he roiled markets with the threats.

The U.S. stock market finished its zigzag week full of tariff threats and cancellations with a quiet and tentative close.

The Dow Jones index rose Thursday on surprise GDP data. Nvidia and Tesla rallied in morning trading.

Major stock indexes were mixed on the final day of a volatile week of trading, while safe-haven gold and silver futures set fresh all-time highs.

Stocks sank on Wall Street after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.

The Dow Jones index slides Friday despite a rise in Nvidia. The Nasdaq is acting the strongest of the major indexes.

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Live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.

U.S. stocks were extending their declines in afternoon trading on Tuesday, with all three major indexes hovering at their session lows, as tariff fears and [Treasury-market turmoil](

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