Why This Wall Street Strategist Is 'Inclined To Buy' as Greenland Tensions Batter Stocks

The S&P 500 fell 2.1% Tuesday to about 6,800 as investors responded to President Trump's threat to impose tariffs on select European countries if they refuse to allow the U.S. to acquire Greenland. Why This Is Important Key Takeaways Stocks posted their worst day in months on Tuesday. Some strategists say it's an opportunity. "I think at worst maybe you get a 4-5% drawdown here—call it 6,500 on the S&P. I'm inclined to buy it because I think the set-up into this was quite good,†Chris Verrone, chief market s ...