US President Donald Trump on January 20, 2026 in Washington, USA at the White House James S. Taking questions from media representatives at a press briefing held at the Brady press briefing.
Defeat McNamee | Getty Images
On Tuesday, markets flashed classic signs of a “Selling America” tradeas investors balked at heightened risks associated with Washington’s foreign policy.
Major U.S. indexes fell for their worst day since October, pushing it down S&P 500 and Nasdaq Composite into negative territory by 2026. volatility jumped, together VIX indexWall Street’s “fear gauge” rose to 20.99. Meanwhile, bond yields jumped US dollar index fell and gold prices reached new records.
The moves reflected concerns raised by Bridgewater Associates founder Ray Dalio, who warned that tensions could spill over into capital markets.
Dalio said on Tuesday that US President Donald Trump’s aggressive moves to annex Greenland could prompt foreign governments and investors to reconsider their positions. Appetite for US assets.
“On the other side of trade deficits and trade wars are capital and capital wars,” Dalio told CNBC’s “Squawk Box” at the World Economic Forum. DavosSwitzerland.
One early signal came from Denmark. Pension fund Academic pension said that it will happen sells about 100 million dollars in the US Treasury.
The decision was due to concerns about “poor (US) government finances” and “not directly related to ongoing tensions between (the US) and Europe”, said Anders Schelde, the fund’s chief investment officer, but he said recent tensions between the US and Europe “did not make the decision difficult”.
US officials, in turn, resisted. Treasury Secretary Scott Bessent told CNBC in Davos.The USA is backand that’s what US leadership looks like.” Bessent made the comments before markets closed on Tuesday.
The international reaction to Trump’s actions has been far less welcoming. Greenlanders “confused” with the President of the United States.French President Emmanuel Macron, the Arctic island’s business minister, told CNBC on Tuesday. strike at “rapists” and “cruelty”. — without giving specifics, he called for the removal of US tariffs on Europe.
But amid the frenzy of recent days, Trump seems unlikely to back down.
“I’m leaving tonight, as you know, Davos, and we have a lot of meetings scheduled in Greenland,” Trump said on Tuesday. “I think everything will be fine.”
Trump may be right. The most pressing question on the minds of the markets is: Who should work well for?
What you need to know today
U.S. markets tumbled amid turmoil in Greenland. The S&P 500 fell 2.06% Dow Jones Industrial Average The Nasdaq Composite lost 2.39%, falling 1.76%. He was worst session since October for all three indexes. Pan-European Stoxx 600 lost 0.7%.
A Danish pension fund sells Treasurys. Academic pension said that get out of position Referring to the financial issues of about $100 million in the US Treasury. Greenlanders, meanwhile, “confusedTrump’s intention to annex Arctic island ‘devastating’, his business secretary told CNBC.
India signs $3 billion LNG deal with UAE. According to the agreement, New Delhi will be the largest consumer of liquefied natural gas in the UAE. India also announced this on Monday plans until Double the bilateral trade with the UAE Up to $200 billion by 2032.
Netflix posts were less successful. Fourth quarter earnings per share 56 cents, one cent higher than estimates, and revenue was $12.05 billion, versus estimates of $11.97 billion. Before that, on Tuesday Netflix amended it Warner Bros. Discovery offer full cash offer.
(PRO) doubts the sale of Greenland will last long. Wall Street analysts said despite their surprise at Trump’s “weaponization of tariffs,” tensions are likely to come to an end. cold.