US EditionUS Big Tech Stocks Fall in Europe After Trump Tariff Threats
Trump’s tariff threats on Greenland triggered a sell-off in U.S. stocks, dollar, and Treasuries while investors sought safe havens like gold and the Swiss franc, analysts said.
- On Tuesday, Asian stocks fell and Nasdaq and S&P 500 futures slid 1%, while 10-year U.S. Treasury yields climbed to their highest level in more than four months as Treasurys sold off.
- President Donald Trump's Greenland push and threats of additional tariffs injected market uncertainty and revived the Sell America trade gathering momentum in Asian trading hours on Tuesday.
- Investors moved into safe havens, buying the Swiss franc and gold , while Citi downgraded European equities and European futures fell 0.12%.
- Europe's large holdings in U.S. bonds and equities underline U.S. reliance on foreign capital, with George Saravelos warning, `For all its military and economic strength, the US has one key weakness: it relies on others to pay its bills via large external deficits.`
- All eyes will now be on Davos where Trump is expected to meet global business leaders on Wednesday, while Japan's Nikkei fell 0.8% ahead of next month's election and a JGB sale will test Prime Minister Sanae Takaichi's campaign pledge.
14 Articles
14 Articles
Global stocks fall as US-Europe tensions flare over Greenland and tariff threats
Stocks in Europe fell Tuesday and US stocks were set to open lower as investors continued to digest President Donald Trump’s clash with European leaders over ownership of Greenland.
Trump's Greenland play puts Europe's $8 trillion US bonds, equities in the spotlight
Markets are revisiting the 'sell America' trade amid President Donald Trump's Greenland push.Costfoto/NurPhoto/Getty ImagesTrump's Greenland move is rippling through markets and testing confidence in US assets.Europe's vast US holdings highlight how dependent America is on foreign capital.Political risk is rising, raising fears of reduced demand for the dollar and Treasurys.President Donald Trump's push to acquire Greenland is spilling into mark…
GLOBAL MARKETS-Stocks slide, dollar struggles as Trump's Greenland gambit rattles markets
GLOBAL MARKETS-Stocks slide, dollar struggles as Trump's Greenland gambit rattles markets Asian stocks fell on Tuesday, while the dollar remained under pressure and the U.S. Treasury yields climbed to their highest level in more than four months, as a resurgence of trade-war concerns hit risk sentiment and sparked selling in U.S. assets.U.S. President Donald Trump's push to take control of Greenland by threatening additional tariffs - a move t…
For the polytologist of the University of Georgetown, it is urgent to make clear that the annexation of Greenland would be destructive.
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