U.S. stock futures rose on Thursday morning, driven by easing geopolitical tensions after President Donald Trump announced at the World Economic Forum that he would not proceed with his planned tariffs on February 1 and mentioned that no force would be used to acquire Greenland. Also, investors await the release of the personal consumption expenditures (PCE) price index reading.
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Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were up 0.82%, 0.52%, and 0.28%, respectively, at 8:22 a.m. EST on January 22.
During Wednesday’s regular trading session, the three major averages closed higher. The Dow Jones and the S&P 500 gained 1.21% and 1.16%, respectively, while the Nasdaq Composite climbed 1.18%. Trump announced he would halt new tariffs on Europe scheduled for February 1. He also revealed a “framework” agreement on Greenland, easing global investor worries over a forced acquisition.
Turning to trending stocks, Procter & Gamble (PG) shares were down 1.5% after the consumer goods giant missed fiscal second-quarter revenue estimates. Also, McCormick (MKC) stock was down more than 6% following dismal Q4 2025 earnings. Mobileye Global (MBLY) stock was down more than 4% after announcing a disappointing full-year outlook.
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