CNBC Daily Open: Investors flee from the U.S. as Trump doubles down on Greenland
CNBC • • business
Key Points:
- U.S. markets experienced significant declines on Tuesday amid escalating concerns over President Trump's aggressive moves toward annexing Greenland, with the S&P 500 and Nasdaq Composite entering negative territory for 2026 and volatility spiking.
- Greenland's Prime Minister Jens-Frederik Nielsen indicated that while military action by the U.S. is unlikely, it has not been ruled out, heightening geopolitical tensions and investor unease.
- Bridgewater Associates founder Ray Dalio warned that these tensions could trigger a broader reassessment of U.S. assets by foreign governments and investors, exemplified by Danish pension fund AkademikerPension's decision to sell $100 million in U.S. Treasurys.
- International reactions have been largely critical, with Greenlanders
