Dwellings along the coastline in Nuuk, Greenland, Saturday, May 3, 2025.
Carsten Sneibjerg | Bloomberg | Getty Images
LONDON – European stocks were expected to fall on Thursday as market nerves frayed over US President Donald Trump’s threat to annex Greenland.
of Great Britain FTSE The index opened 0.3% lower in Germany DAX and that of France CAC 40 is expected to be slightly below the flat line and from Italy FTSE MIB It fell 0.2%, according to IG data.
Global markets have focused on heightened geopolitical tensions this week after the U.S. ousted Venezuelan President Nicolas Maduro over the weekend, followed by threats to invade Greenland.
Wall Street closed lower on Wednesday, and hedge funds said Trump: “does not allow“The defense companies will give up dividends or share buybacks before it addresses its industry-related grievances, including executive pay packages and production issues.
European markets were on high alert this week following Trump’s threat that the US might use military force to take Denmark’s semi-autonomous territory of Greenland.
European defense stocks rose on Wednesday, with the Stoxx Europe Aerospace and Defense index adding 3% through the session, marking its fourth consecutive day of gains.
Regional leaders have opposed Trump’s takeover goals and US Secretary of State Marco Rubio will meet with Danish officials next week. Rubio dismissed Trump’s invasion threat saying he “wants to buy” Greenland.
Asia-Pacific market mixed trading at night US stock futures walked along a straight line.
Investors are awaiting a Supreme Court ruling this week on the legality of Trump’s tariffs, expected on Friday. The decision could lead to potential market volatility.
There are no major earnings or data releases due on Thursday.