US stocks were sharply higher on Wednesday afternoon, recovering part of the previous session’s losses as markets welcomed President Trump’s remarks at the World Economic Forum ruling out the use of military force in efforts to acquire Greenland. The S&P 500, Dow, and Nasdaq 100 rose over 1.6% as the easing of geopolitical risk prompted a rebound in equities and Treasuries after a sharp risk-off move earlier in the week. Gains were led by technology shares, with Intel, Micron, and Intuit rising between 7% and 10%, while broader sectors also stabilized as fears of an abrupt escalation in US–Europe tensions receded. However, Trump reiterated his intention to pursue control of Greenland and maintained the threat of economic pressure on European allies, keeping trade uncertainty elevated. On the corporate front, Netflix fell about 3% after flagging higher content spending and costs tied to its Warner Bros. Discovery deal, while Johnson & Johnson slipped despite issuing stronger guidance.