Stock Market Today: Live Updates
Stock futures pointed to a downbeat session on Wall Street on Tuesday as President donald Trump intensified his rhetoric on Greenland, threatening to impose new tariffs on countries opposing the sale of the Danish territory to the United States.
Futures data last pointed to a drop of 718 points for the Dow Jones Industrial Average. The S&P 500 is poised to shed 1.6%, while the implied open for the Nasdaq was last pointing to a loss of 1.8%.
Trump announced in a Truth Social post on Saturday that eight NATO members’ U.S. imports will face escalating tariffs ”until such time as a Deal is reached for the Complete and Total purchase of Greenland.” The tariffs will start at 10% on Feb. 1 and rise to 25% on June 1, Trump said.
On Tuesday, Trump threatened to slap 200% tariffs on French wines and champagne, amid reports that the country’s president, Emmanuel Macron, is unwilling to join his so-called Board of Peace for Gaza. Trump also hit out at the U.K., labeling the British government’s plan to hand over sovereignty of the Chagos Islands – one of which is the site of a U.K.-U.S. military base – to Mauritius as an “act of great stupidity.” He said the move was “another in a very long line of National Security reasons why Greenland has to be acquired.”
The Trump administration previously backed the U.K.’s deal with Mauritius.
European leaders have described Trump’s fresh tariff threats as “unacceptable,” and are
Stock Market Summary: Week ending January 20, 2026
U.S. stock indexes closed lower on the week, as investors digested economic data and earnings reports. The S&P 500 fell 0.4%, while the Dow Jones Industrial Average declined 0.3% during the same period. The Nasdaq Composite experienced a more notable drop, losing 0.7% despite a temporary boost in chipmaking stocks on Thursday.
The gains in chipmaking stocks were spurred by positive news surrounding Taiwan semiconductor Manufacturing (TSM). Though, this lift wasn’t enough to offset broader market concerns.
Here’s a breakdown of the week’s performance:
- S&P 500: Down 0.4%
- Dow Jones Industrial Average: Down 0.3%
- Nasdaq Composite: Down 0.7%