×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Stocks rally as Trump drops Greenland tariff threats

US President Donald Trump speaks at the "Board of Peace" meeting during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026. [AFP]

Stocks rallied Thursday after President Donald Trump rowed back on threats to hit key European countries with tariffs over their opposition to a US takeover of Greenland.

Gains were fuelled also by a surge in tech stocks as the artificial intelligence trade roared back into the spotlight after the head of top AI chipmaker Nvidia said the sector needed "trillions of dollars" more investment.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902