Tag European Union

Why Markets Are Dumping US Assets After the Greenland Standoff and What Europe Could Do Next

Thereโ€™s been a notable sell-off in US markets this week, with equities and Treasuries feeling pressure as geopolitical tensions between the United States and the European Union escalated after President Trumpโ€™s aggressive statements on Greenland. The S&P 500, Dow Jones, and Nasdaq all saw significant weakness, safe-haven assets like gold jumped, and yields on U.S. Treasuries rose as investors reassessed risk and the prospect of a transatlantic trade conflict.