President Donald Trump announced on January 22nd, US time, that he would like to discuss “pending future negotiations regarding Greenland” with NATO and a planned review of a new justice for Europe.announcementMajor U.S. stock indexes soared in late trading as a result.

The Nasdaq Composite Index rose 1.8% at its peak around 3:00 p.m. ET, and the Dow Jones Industrial Average rose 677 points, or 1.4%, as of 3:15 p.m. ET.

After the initial spike, each index has mostly calmed down, with the Dow Jones Industrial Average rising 589 points (1.2%) at the close, and the S&P 500 Stock Index and Nasdaq Composite Index both rising approximately 1.2%.

The jump came just one day after uncertainty over Greenland’s future caused trade markets to fall.By the morning of January 21 in the US, the S&P 500 indexIt was over $750 billion.

Comparing 10-year rice, it decreased slightly to about 4.257%.

In recent weeks, Trump has been involved in the acquisition of Greenland, Denmark’s autonomous territory in the Arctic Circle.

Denmark and Greenland’s actors must accept a U.S. deal to sell the island, citing “fundamental bias” between European leaders and Vice President J.D. Vance and Secretary of State Marco Rubio about the future of the island, according to Reuters.

Days later, Trump imposed a broad 10% cut on Denmark and seven other European countries that sent Greenlandic troops if the U.S. did not reach a deal that would give them discretionary powers by February 1. Markets fell on January 20 in response to words of uncertainty over the future of trade relations with Europe, and US caution rose. Speaking at the World Economic Forum in Davos, Switzerland, on January 21, Trump continued to insist that the United States needs Greenland, but ruled out using force to take either of them.society of truthIn a post on , Trump took down Safely Done and announced a “long time” for a deal involving the island, but provided few details about the agreement.

“I think this puts everyone in a really good position, especially when it comes to security and minerals and everything else,” Trump told reporters.

(forbes.com translation)