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The line in Trump’s Davos speech that stock markets cared most about

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Dow Jones and S&P 500 indexes are up 1% today after Trump spoke at the World Economic Forum about Greenland and tariff threats. After a brief sell-off in the run-up to Donald Trump’s speech to global leaders at the World Economic Forum in Davos, Switzerland, on Wednesday, markets are up, after the president backed off earlier claims and ruled out using force to acquire Greenland.