European stocks fell yesterday as Greenland crisis escalates

US equity markets were closed yesterday, 19^th January, 2026, on account of Martin Luther King, Jr holiday.

European markets fell as Greenland crisis escalated

European stocks fell as crisis in Greenland escalated. Euro Stoxx 50 ended the day, down by 103.63 points or 1.72%. Dax ended the day, down by 338.07 points or 1.34%. FTSE 100 ended the day, down by 39.34 points or 0.39%.  US will send military aircraft to its base in Greenland.  This follows Denmark increasing its deployment of troops in Greenland. Many military planes carrying Danish soldiers and military hardware landed in Greenland, yesterday.

Asian markets begin the day mostly in red

Nikkei is sharply down in early trade today. At 9:10 a.m. IST, 20^th January, 2026, Nikkei 225 is down by 652 points or 1.22%. A snap election has been called by Japanese PM Sanae Takaichi on February 8^th. Japanese equity markets may be seeing some profit booking at higher levels.

Hang Seng is down by 24.55 points or 0.092% at this time. Shanghai Composite is down by 12.38 points or 0.30%. South Korean Kospi is up by 7.08 points or 0.14%.

Indian equity markets may continue to be impacted by the corporate results for December quarter, today. The movement in the value of rupee against the dollar will also impact market sentiments. Silver crossed the Rs 3 lakh per kilogram mark yesterday.

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Source: Dow Jones