European Stocks Slide

Benzinga

European markets slid as Trump revived Greenland ambitions and threatened new tariffs on the EU, fueling volatility across equities, currencies, and commodities.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02European stocks fell in early trading on Tuesday as markets reacted to Trump's renewed push to

00:07take control of Greenland and threats to reignite a trade war with Europe, according to Reuters.

00:13Trump said he no longer thought purely of peace after not winning the Nobel Peace Prize and

00:18warned of higher tariffs on some EU countries unless the U.S. is allowed to buy Greenland.

00:22EU leaders plan to discuss possible retaliatory tariffs worth $109 billion at an emergency

00:28Brussels summit on Thursday.

00:30Europe's stock 600 fell 1.4 percent.

00:33The Flitzy 100 dropped 1.4 percent and global equities edged lower.

00:39The dollar weakened for a second day.

00:41U.S. Treasury yields hit four-month highs.

00:43Oil prices edged up and gold reached a record above $4,700 an ounce.

00:49For all things money, visit Benzinga.com.

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