The U.S. stock market has pared back heavy losses it posted earlier in the week after U.S. President Donald Trump relented on his threat to slap European and NATO nations with tariffs for opposing his push to acquire Greenland. Trump also ruled out the use of military force to take over the semi-autonomous Danish territory, but said the U.S. will still pursue ownership of the country. In contrast, oil prices have reversed course, slipping nearly 2% after Trump softened threats against Greenland and Iran. While President Trump dominated headlines…