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Hey listeners, it's Saturday, January 24th. I'm Hannah Aaron 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. Stock 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.

The president throws out the threat of tariffs, investors get spooked, stock sell off, and then ultimately those plans

are backtracked and the market rebounds. Still, major indexes ended the week in the red.

The S&P 500 fell roughly 0.4%, the DAWA treated half of a percent, and the NASDAQ composite

dropped less than a tenth of a percent, or basically flat.

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