Markets

Stocks plummet as political risk and bond turmoil collide

January 20, 2026

Global markets experienced a sharp decline as President Donald Trump escalated tensions over Greenland, threatening new tariffs against several European countries unless they support U. S. claims to the territory. Major stock indices, including the S&P 500 and Nasdaq, saw significant drops, reflecting investor fears of a renewed trade war.

Stocks plummet as political risk and bond turmoil collide

Credit: Nbcnews

Key Highlights

Trump threatened tariffs on seven EU countries and the UK over Greenland.
S&P 500 dropped approximately 1.3%, Nasdaq lost 1.7%, and Dow Jones fell 1.32%.
The UK’s FTSE 100 index declined 1% amid rising trade uncertainties.
Gold and silver prices reached record highs during the market turmoil.

Business Markets Donald Trump US news UK news Money & Markets Economics Europe Stock markets gold Global economy FTSE Dollar

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Stocks plummet as political risk and bond turmoil collide

Key Highlights

Sources

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