- Apr 3, 2003
- 31,039
- 13,997
- 78
- Country
- United States
- Gender
- Male
- Faith
- Catholic
- Marital Status
- Married
- Politics
- US-Libertarian
U.S. equities suffered big losses Tuesday after President Donald Trump intensified his rhetoric on Greenland, threatening to impose new tariffs on countries opposing the sale of the Danish territory to the United States.
U.S. Treasury yields spiked and the U.S. dollar declined as Trump’s threat caused a flight from U.S. assets. Danish pension operator AkademikerPension said Tuesday that it is exiting U.S. Treasurys because of finance concerns over U.S. debt.
The Dow Jones Industrial Average shed 870.74 points, or 1.76%, to end the session at 48,488.59. The S&P 500 dipped 2.06% to settle at 6,796.86. The Nasdaq Composite slid 2.39%, closing at 22,954.32. It was the worst session since October for all three major averages.
The day’s losses put the S&P 500 and the Nasdaq into negative territory for 2026: The broad market index is now off 0.7%, while the tech-heavy Nasdaq is down 1.2% in the period. The Cboe Volatility Index (VIX) — Wall Street’s “fear gauge” — spiked to a high of 20.99.
Trump announced in a Truth Social post on Saturday that eight NATO members’ U.S. imports will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland.” The tariffs will start at 10% on Feb. 1 and rise to 25% on June 1, Trump said.
Trump is ready to ruin the economy trying to annex Greenland. It's extreme, but it's the first diversion that seems to have been successful in driving the Epstein pedophilia scandal out of the news.
U.S. Treasury yields spiked and the U.S. dollar declined as Trump’s threat caused a flight from U.S. assets. Danish pension operator AkademikerPension said Tuesday that it is exiting U.S. Treasurys because of finance concerns over U.S. debt.
The Dow Jones Industrial Average shed 870.74 points, or 1.76%, to end the session at 48,488.59. The S&P 500 dipped 2.06% to settle at 6,796.86. The Nasdaq Composite slid 2.39%, closing at 22,954.32. It was the worst session since October for all three major averages.
The day’s losses put the S&P 500 and the Nasdaq into negative territory for 2026: The broad market index is now off 0.7%, while the tech-heavy Nasdaq is down 1.2% in the period. The Cboe Volatility Index (VIX) — Wall Street’s “fear gauge” — spiked to a high of 20.99.
Trump announced in a Truth Social post on Saturday that eight NATO members’ U.S. imports will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland.” The tariffs will start at 10% on Feb. 1 and rise to 25% on June 1, Trump said.
Trump is ready to ruin the economy trying to annex Greenland. It's extreme, but it's the first diversion that seems to have been successful in driving the Epstein pedophilia scandal out of the news.
