Global Highlights by AP

President Donald Trump announced he will cancel a planned tariff on US allies in Europe after achieving a framework for a future Arctic deal. Trump earlier insisted on acquiring Greenland but ruled out the use of military force.

The Supreme Court seems inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Trump's bid to wrest control of the nation's central bank. The administration has accused Cook of committing mortgage fraud, allegations she denies.

Commuter rail service in Catalonia, Spain, was suspended after a train crash killed one person and injured dozens more. It happened just two days after Spain's worst railway disaster in decades.

Wall Street bounced back from its worst day since October after tensions fell between the US and Europe over Greenland. The S&P 500 recovered much of Tuesday's losses and moved closer to its all-time high.