Energy Select Sector Fund Surges 2.5% After Trump Greenland Security Remarks

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The Energy Select Sector SPDR Fund rose 2.5% following President Trump’s strategic Greenland security remarks at Davos, reversing a Tuesday selloff and leading sector gains. Broad U.S. equities also recovered, with the S&P 500 up 0.8% and the Russell 2000 up 1.2%.

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