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Hey listeners, it's Saturday, January 24th.
I'm Hannah Erin Lang for The Wall Street Journal.
And this is what's news in markets.
Our look at the biggest stock moves of the week and the news that drove them.
So let's get into it.
It was a turbulent week for markets.
Stocks slumped on Tuesday after President Trump stepped up his efforts to take over Greenland.
The president also threatened new tariffs on several European countries if he didn't get his way.
Equities in the dollar fell while bond yields rose.
But stocks rebounded on Wednesday and Thursday.
The president said he had reached the framework of a Greenland deal with NATO and also walked back the threat of new trade restrictions.
It was another example of the so-called taco trade as it's come to be known on Wall Street.
It's essentially an acronym for the phrase, Trump always chickens out.
This dynamic has played out more than once since the start of last year.