US stock markets drop sharply as Trump trade threats and Greenland comments rattle investors

Major U.S. indexes fell nearly 2 percent Tuesday following presidential comments on tariffs and Greenland. Investors turned to safe-havens amid trade uncertainty.

Insights:
All three major United States USUSindexes experienced their sharpest selloff in three months on Tuesday, January 21, 2026. The S&P 500 , the Dow Jones Industrial Average , and the NASDAQ Composite each ended the session nearly 2% lower. The decline was primarily triggered by comments from President Donald Trump donald trumpregarding potential new tariffs on European allies and his public interest in the acquisition of Greenland, an autonomous territory belonging to Denmark DKDK.
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., on January 13, 2026. REUTERS/Brendan McDermid/File Photo
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., on January 13, 2026. REUTERS/Brendan McDermid/File Photo
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