Wall Street rose after Trump said he wouldn’t use military force to acquire Greenland, easing market worries.

Wall Street surged on Monday after Donald Trump stated he would not use military force to acquire Greenland, calming markets that had reacted nervously to earlier speculation about U.S. efforts to take control of the territory. The announcement prompted a broad rebound in stocks, particularly in the tech sector, as investors welcomed the de-escalation of geopolitical tensions.