FX.co ★ US Futures Edge Higher as Greenland Tensions Ease

US stock futures experienced a slight uptick on Thursday following a reduction in geopolitical and trade tensions between Washington and Europe. President Donald Trump announced that he and NATO Secretary General Mark Rutte had established a framework for a prospective agreement regarding Greenland. As a result, Trump has decided against imposing the previously threatened punitive tariffs on European nations. During a speech at the World Economic Forum in Davos, Trump also clarified that he had no intentions of acquiring Greenland through force. On Wednesday, in standard trading, the Dow Jones increased by 1.21%, the S&P 500 rose by 1.16%, and the Nasdaq Composite climbed by 1.18%, thus regaining some of the setbacks from Tuesday. Investors are now eagerly awaiting the latest data on weekly jobless claims, as well as earnings reports from Procter & Gamble, GE Aerospace, and Intel. In after-hours trading, Intel shares surged nearly 12% as investors positioned themselves in anticipation of the company's quarterly earnings results.