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Stock futures rise after major averages rebound on easing tariff fears: Live updates CNBCStock market today: Dow surges 550 points, S&P 500, Nasdaq jump as Trump backs off Greenland tariff threats Yahoo FinanceFTSE 100 Live: UK and European Stocks Set for Rally on Trump's Greenland Shift BloombergS&P 500 has its best day in two months after Trump backs off Greenland tariffs
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Investors are getting accustomed to a familiar pattern known on Wall Street as ‘TACO' — the assumption that the president eventually reverses policies that threaten to sink the market
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Stocks in the U.S. stabilized on Wednesday after an earlier slump had spilled into markets in Asia and Europe, ending a period of relative calm.
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The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
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Retail investors are diving into the stock rotation as the year kicks off, shifting away from crowded growth trades and into assets with direct links to the real economy, according to Citadel's Scott Rubner.
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Stocks slumped on Wall Street Tuesday after President Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.
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 Canada's main stock index futures inched
up on Thursday as oil prices rose, while fears of a second wave
of coronavirus cases in major economies held back a sharper
rise.
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