Stock market today: Dow, S&P 500, Nasdaq futures rise after Trump's Greenland threats prompt worst day since October

US banal futures stepped higher connected Wednesday, mounting up for a humble rebound aft Wall Street suffered its steepest selloff successful months.

Dow Jones Industrial Average futures (YM=F) edged up 0.2%, portion those connected the S&P 500 (ES=F) enactment connected 0.3%. Contracts connected the tech-heavy Nasdaq 100 (NQ=F) roseate 0.3% too.

The cautious determination higher follows a bruising regular league that saw investors unreserved for the exits against a backdrop of planetary insecurity. The Dow (^DJI) plunged much than 850 points, portion the S&P 500 (^GSPC) slid and the tech-heavy Nasdaq Composite (^IXIC) some dropped implicit 2%, weighed down by wide losses successful megacap exertion stocks.

All 3 large indexes recorded their worst regular performances since Oct. 10, with the S&P 500 and Nasdaq present successful the reddish for 2026.

Trump escalated tensions by reiterating his propulsion to get Greenland and threatening to slap 200% tariffs connected French vino and champagne aft French President Emmanuel Macron reportedly declined a relation connected Trump’s projected “Board of Peace” for Gaza.

Tuesday’s downturn was accompanied by a classical “sell America” trade. US Treasury yields jumped sharply, with the 10-year output concisely topping 4.3%, portion the US dollar weakened. Gold (GC=F) and metallic (SI=F) flew to much records.

All eyes Wednesday volition beryllium connected the World Economic Forum successful Davos, wherever Trump is acceptable to clasp meetings with different countries implicit Greenland and springiness his cardinal address.

Wednesday besides brings a time of oral arguments astatine the Supreme Court implicit Trump's firing of Lisa Cook. The result of the lawsuit lays the groundwork for ensconcing Federal Reserve members successful a ineligible model that protects from statesmanlike firing. The lawsuit is simply a landmark introspection of the Fed's independency arsenic attempts are made to found the cardinal slope arsenic “a uniquely structured, quasi-private entity".

Meanwhile, attraction is turning to a engaged agelong of firm net that investors anticipation tin stabilize markets. Netflix (NFLX) banal fell successful premarket trading aft its net showed much uncertainty up for the streaming giant. Johnson & Johnson (JNJ) and Charles Schwab (SCHW) are scheduled to study results connected Wednesday, among a slew of mid-sized fiscal institutions.

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