Global Markets Decline Amid U.S. Greenland Tariff Threats and Rising Geopolitical Tensions
18 hours agoBusiness
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Global Markets Decline Amid U.S. Greenland Tariff Threats and Rising Geopolitical Tensions

U.S. and Indian stock markets experienced significant declines amid escalating geopolitical tensions triggered by President Donald Trump's Greenland acquisition proposal and threatened tariffs on European nations. Major U.S. indexes, including the Dow, S&P 500, and Nasdaq, fell over 1.5%, with technology stocks notably impacted. Indian benchmarks Sensex and Nifty recorded their steepest single-day drops in months, driven by foreign investor outflows and weak corporate earnings. Concurrently, gold and silver prices surged as investors sought safe havens amid growing global uncertainty.

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