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Trump’s Market Mania: A Rollercoaster of Tweets, Tariffs, and Greenland Deals
Stock Market News· 2026-01-24 06:00
Core Insights - The stock market has experienced significant volatility due to rapid policy changes and tariff threats from President Trump, particularly regarding trade with European nations and the acquisition of Greenland [2][12][14] Market Reactions - On January 17, President Trump threatened a 10% tariff on several European countries, which led to a market decline, erasing nearly all gains for 2026 in a single day [2] - The Dow Jones Industrial Average dropped 871 points on January 21, reflecting investor anxiety over geopolitical uncertainty [3] - Following Trump's backtrack on tariff threats on January 22, major indices rebounded, with the S&P 500 rising 0.54%, Nasdaq gaining 0.91%, and Dow increasing 0.63% [3][12] Individual Stock Performance - NVIDIA (NVDA) closed at $187.67 on January 23, despite facing a new 25% semiconductor tariff, indicating resilience amid market fluctuations [13] - Tesla (TSLA) rebounded 4.15% on January 22, closing at $445.31, while Intel (INTC) saw a 17% drop due to a soft outlook [13] - Safe-haven assets like gold and silver reached all-time highs, with gold at $4,980 per ounce and silver at $102.60 per ounce, reflecting ongoing investor nervousness [13] Policy Implications - Trump's administration has introduced a 25% tariff on certain semiconductors critical to AI, while simultaneously announcing no tariffs on processed critical minerals, showcasing a contradictory trade approach [6][8] - The EU suspended its trade agreement with the U.S. in response to initial tariff threats but welcomed the subsequent easing of tensions, indicating a complex diplomatic landscape [5] Investor Sentiment - Analysts suggest that while volatility is expected, the case for a continued bull market remains strong due to robust consumer spending and declining interest rates [10] - Long-term investors are advised to remain steady and not react impulsively to short-term market noise driven by Trump's announcements [11]