Stock Futures Tumble as Greenland Tariff Fears Rattle Markets
Barrons·2026-01-20 10:38
Group 1 - Stocks are expected to decline significantly due to concerns over President Trump's tariff plans on eight NATO countries, contingent on the acquisition of Greenland [1] - Futures for the Dow Jones Industrial Average fell by 757 points, representing a 1.5% drop, while S&P 500 futures decreased by 1.6% and Nasdaq 100 contracts dropped by 2.0% [1] Group 2 - The bond market is experiencing a sell-off, with the yield on the 10-year Treasury note increasing by 6 basis points to 4.29% and the 30-year yield rising by 9 basis points to 4.93% [2]