On January 20, 2026, major US stock indices saw significant declines, with the S&P 500 down 1.23%, the Dow Jones Industrial Average down 1.07%, and the Nasdaq 100 down 1.36%. These losses come as geopolitical tensions rise over President Trump’s controversial push for the purchase of Greenland, reviving fears of trade confrontations between the US and Europe. The situation has prompted a risk-off mood in asset markets, with President Trump threatening increased tariffs on French goods in response to France’s refusal to join a US-led peace initiative.
Additionally, US bond yields surged, with the 10-year Treasury yield reaching a 4.31% high, driven by inflation concerns and rising global bond yields, particularly from Japan where the 10-year bond yield hit a 27-year peak of 2.359%. Positive trends were noted in gold and silver mining stocks as the crisis spurred safe-haven buying, while US natural gas stocks soared over 22% on price increases. The upcoming week will focus on key economic indicators, including expectations of a 0.5% decline in pending home sales and a rise in initial unemployment claims by 12,000 to 210,000.
