European markets snap winning streak as trade tensions linger over Greenland dispute
European equities ended lower on Friday as geopolitical tensions weighed on investor sentiment. The STOXX 600 index snapped a five-week winning streak today.
Insights:
European equity markets recorded a decline on Friday, January 23, 2026, as the STOXX 600 index slipped 0.1% on the day. This performance brought the weekly total to 1.1% lower, effectively ending a five-week winning run for the region, which had been the longest such streak since May. The downturn was primarily driven by investor caution following a surge in geopolitical tensions between the US 
USand Europe over Greenland.
USand Europe over Greenland.
