London Stocks Recover as Trump Rules Out Military Action in Greenland

The FTSE 100 rose 0.1 percent as geopolitical tensions eased after remarks from Donald Trump. Mining and retail gains led the recovery as of January 21.

Insights:
The FTSE 100 index in the United Kingdom GBGBfinished 0.1% higher on January 21, 2026, successfully recovering from a three-day losing streak. This stabilization followed a significant policy pivot from United States USUSPresident Donald Trump donald trump, who used a speech at the World Economic Forum in Davos to rule out military action to take control of Greenland. The development directly reversed aggressive rhetoric that had frayed transatlantic relations and sent global markets into a tailspin earlier in the week.
Signage is seen outside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
Signage is seen outside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
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