The Globe and Mail reports in its Thursday edition that U.S. stocks rebounded on Wednesday from a sell-off the previous session after President Donald Trump said a framework for Greenland discussions has been reached. A Reuters dispatch to The Globe quotes Mr. Trump saying the U.S. will no longer impose tariffs that had been scheduled to take effect from Feb. 1. He had ruled out taking Greenland by force in an earlier speech, which also helped to calm investor nerves. The Dow rose 1.21 per cent, the S&P 500 gained 1.16 per cent and Nasdaq added 1.18 per cent. The S&P/TSX composite ended up a more modest 101.25 points after dropping 340.68 points Tuesday. "The signal from Donald Trump coming out of Davos is co-ordination, not confrontation," said Matthew Smart at WWM Investments in Chicago. The global bond market was still reeling from a brutal sell-off, having been caught up in worries over exposure to U.S. assets and a surge in Japanese government borrowing costs. At the epicentre were long-dated Japanese sovereign bonds, which endured their most aggressive sell-off in nearly 25 years on Tuesday as fears grew over increased government spending. U.S. 30-year Treasury yields neared the 5-per-cent threshold.