TACO prevails: Stocks jump after Trump calls off Greenland tariffs

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• US stocks ripped higher late in Wednesday's session as Trump walked back his latest tariff threats.
• The president said he had reached a framework deal with NATO countries over Greenland.
• The president soothed markets earlier after he said he wouldn't use force to take over Greenland.

It looks like the TACO trade has won again.

US stocks surged late in Wednesday's session and closed with a strong gain after Donald Trump...