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

Stocks rose for a second session Thursday on easing geopolitical fears, placing the Dow Industrials on track for a narrow weekly gain.

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Stock futures advanced Thursday, a day after major equities indexes rebounded as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs over Greenland.

U.S. stocks rose and regained more of their losses for the week. The S&P 500 climbed 0.5% Thursday, continuing its rally after President Donald Trump called off tariffs on European countries that he said opposed his desire to have Greenland.

Thursday's rally had two of the three major U.S. stock indexes back near record territory. The Dow Jones Industrial Average was up 512 points, or 1%, near 49,590, at last check. It would need to end above 49,

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Investors revived the “Sell America” trade Tuesday and sold off US stocks, bonds and the dollar amid concerns about President Donald Trump’s clash with European leaders over ownership of Greenland.

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Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures.The stock market rebounded strongly Wednesday as President Donald Trump called off European tariffs on Greenland,