Trump Sparks Rally Lifts U.S. Stocks

President Donald Trump's remarks at the World Economic Forum in Davos on Wednesday sent U.S. stocks sharply higher, with the Dow jumping more than 700 points and the S&P 500 and Nasdaq each rising about 1.6–1.7%. Trump said he had a "framework" for Greenland, ruled out military action and would not impose tariffs on Europe; corporate earnings saw Netflix drop 4.1% while regional banks rallied.