European stock markets rose on January 22, 2026, after President Trump announced that he would not pursue force or tariffs over Greenland, calming weeks of market anxiety. The U.S. S&P 500 and European indices climbed, and gold prices eased from recent highs.
The reversal came amid talks with NATO officials at the World Economic Forum in Davos, where Washington and allies discussed Arctic security cooperation. Traders said the shift helped global risk sentiment and reduced fears of a wider trade conflict