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Wall Street Slides to Near Three-Week Low as Greenland Dispute Triggers Global Sell-Off

U.S. futures and global markets fell as Trump threatened tariffs on eight NATO/EU countries unless Greenland is sold, pushing 10-year Treasury yields to 4.29%, analysts said.

  • On Tuesday, S&P 500 futures slumped 1.6% and Nasdaq 100 futures plunged 2.0%, sending U.S. futures to one-month lows after President Donald Trump's Greenland tariff threats.
  • President Donald Trump announced tariffs starting at 10% on Feb. 1, rising to 25% by June 1 targeting Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Great Britain unless Greenland is sold.
  • Safe-Haven flows lifted gold futures, which rose 2.9% to $4,728, while the 10‑year Treasury yield jumped to 4.29% and the 30‑year yield rose to 4.93% amid a selloff.
  • Tariffs are set to dominate discussions at Davos, focusing attention on policy risk, while EU leaders will consider 93 billion euros of tariffs at a Brussels emergency summit on Thursday, and Treasury Secretary Scott Bessent dismissed prolonged trade-war fears.
  • Investors fear the dispute could strain NATO if unresolved, analysts cautioned a deeper crisis would hurt global equities, and President Donald Trump threatened 200‑per‑cent tariffs on French wines amid pressure on European leaders.
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Wall Street slumps and Europe stocks sink as Trump threatens tariffs on 8 NATO members

Stocks are falling on Wall Street after President Donald Trump threatened to hit eight NATO members with new tariffs as tensions escalate over his attempts to assert American control over Greenland. The S&P 500 sank 1.2% in morning trading Tuesday,…

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The New York Stock Exchange opened in red this Tuesday, burdened by trade tensions between the United States and Europe, which President Donald Trump whips up using tariffs as a threat to take over Greenland. The Industrial Average Dow Jones subtracted 725 points, or about 1.5%. The S&P 500 was down 1.3%, on its worst day in two months, and the Nasdaq Composite lost 1.5%, according to CNBC data. The CBOE Volatility Index (VIX), Wall Street's "fe…

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CNBC broke the news in United States on Monday, January 19, 2026.
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