Katherine Sullivan

Here's your Closing Bell Brief for Thursday, January 22nd.

I'm Katherine Sullivan for The Wall Street Journal.

U.S.

stocks rose today as investors welcomed a pause in tariff threats.

President Trump backed off plans to levy European countries over Greenland.

The Nasdaq led the session, climbing 0.9%.

Here's your Closing Bell Brief for Tuesday, January 20th.

I'm Katherine Sullivan for The Wall Street Journal.

U.S.

stocks tumbled today as trade war fears returned after President Trump doubled down on his threats to take over Greenland.

The Dow lost 871 points, or 1.8 percent.

The S&P 500 dropped 2.1 percent, and the Nasdaq fell 2.4 percent.

The president's tariffs threats rattled investors.

The 10-year Treasury yield climbed to its highest level since August.

Big technology names skidded, and investors sought safety elsewhere, pushing gold prices to a new record.

Among individual companies, Wrapped Therapeutics' stock surged 64 percent.

Drugmaker GSK agreed to buy the biopharmaceutical company for about $2.2 billion.

Shares of 3M fell 7 percent.

The manufacturer of Post-it notes recorded a decline in quarterly net income, weighed down by litigation costs.

Intel stock rose almost 3.5%.