The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw gains as tariff fears eased and risk appetite firmed. FuelCell Energy and Enphase Energy rose on relief over scrapped Greenland-linked tariffs, while Meta Platforms and Tesla helped boost the Nasdaq’s tech-led advance. Investors jumped back into equities after President Trump agreed to a deal related to Greenland and U.S. security, with November PCE data showing tame inflation readings. Clean energy stocks were strong as new tariffs were removed, but caution is advised due to potential challenges with the U.S. administration. Long-term investors should stay the course and not react to short-term noise.

In other news, Stock Advisor’s analyst team revealed the 10 best stocks for investors to buy right now, with a total average return of 937%, outperforming the S&P 500. Howard Smith has positions in Tesla, Meta Platforms, and Enphase Energy. The Motley Fool has positions in and recommends Tesla and Meta Platforms, and recommends Enphase Energy.

Read more at Nasdaq: Stock Market Today, Jan. 22: Markets Surge Again Today After Greenland Tariffs Are Dropped