Key Highlights
- Dow Jones Industrial Average dropped approximately 1.5%, losing over 700 points.
- S&P 500 fell by 1.4% and Nasdaq Composite decreased by 1.6%.
- Trump threatened tariffs on European nations opposing U. S. control of Greenland.
- Treasury Secretary Scott Bessent called for calm amidst the market sell-off.
- Bessent reassured that U. S.-European relations remain strong.
