U.S. stock index futures made further gains on Thursday, continuing the market momentum sparked by President Trump’s withdrawal of proposed tariffs and the announcement of a preliminary accord concerning Greenland.
As of 4:42 P.M. (GMT+7), Dow Jones Industrial Average futures edged up by 0.45%, or 218.50 points, to 49,295.50 points, while S&P 500 futures added by 0.68%, or 46.60 points, to 6,922.20 points. Nasdaq 100 futures also ticked up by 0.94%, or 238.30 points, to 25,564.90 points
The previous session saw a significant upswing across equities, following President Trump’s statement after meeting with NATO Secretary General Mark Rutte regarding an initial understanding on Greenland.
This led to the decision not to enforce new tariffs on European countries, eliminating a source of concern that had recently unsettled the market. Trump, speaking earlier at the World Economic Forum in Davos, also clarified there would be no attempt to obtain Greenland through force, which also contributed to easing investor anxiety.
Stocks advanced after these remarks and accelerated their gains. The Dow, S&P 500, and Nasdaq Composite each surged over 1%, with the S&P 500 and Nasdaq Composite recording their strongest sessions in 2026 to date. Despite the robust rebound, major benchmarks remain lower for the week.
Market participants are turning their attention to upcoming economic releases and corporate earnings. Data on weekly jobless claims are scheduled for release, while results from Procter & Gamble, GE Aerospace, and Intel are expected. In after-hours action, Intel shares increased nearly 12% as the company prepares to announce quarterly results.
