Markets recovered Wednesday after Trump ruled out using force in Greenland and cancelled planned tariffs on NATO allies. The S&P 500, Nasdaq, and Dow all jumped about 1.3%. Chipmakers led the way with Intel up 11% and AMD rising 8%. Sandisk also hit a new intraday record. Most of the Magnificent Seven were green, though Microsoft sat this one out. Kraft Heinz dropped 6% after news that Berkshire Hathaway might sell up to 325 million shares. Netflix also slid 2.5% following its earnings report. Gold got close to $4,900 before pulling back slightly. All eyes are on the PCE inflation report coming out tomorrow.