Wall Street stocks opened higher Wednesday after US President Donald Trump said he wouldn't seize Greenland with force while insisting on "immediate negotiations" to make it a US territory.

US President Donald Trump, in his address at Davos, said that Canada should be grateful to Washington because they get many "freebies" from the US. "Canada lives because of the United States," Trump said.

President Donald Trump insisted he won't use force to acquire Greenland in a speech at the World Economic Forum, where he said that the US is booming but Europe is "not heading in the right direction."