US equity markets ended sharply lower yesterday as Greenland issue escalates further

US equity markets fell sharply yesterday, 20^th January, 2026. This as tensions over Greenland escalated. Risks of a trade war intensifying over the Greenland conflict increased. President Trump has announced that European countries supporting Denmark on Greenland issue will face 10% additional tariffs from 1^st February. Many key European countries like UK and France have pledged to support Denmark on the Greenland issue.

Nasdaq ended the day yesterday, down by 561 points or 2.39%. S&P 500 ended the day, down by 143.15 points or 2.06%. Dow Jones ended the day, down by 870.74 points or 1.76%.

European markets also ended the day in red

European markets also ended the day in red. Stoxx Euro 600 ended the day, down by 4.26 points or 0.70%. Dax ended the day, down by 255.94 points or 1.03%. FTSE 100 ended the day, down by 68.57 points or 0.67%.

Asian markets have started the day in red

Asian equity markets have also started the day in red today. At 9:10 a.m. IST, 21^st January, 2026,  Nikkei 225 is down by 297.67 points or 0.56%. Hang Seng is down by 36.48 points or 0.14%. Shanghai Composite is up by 6.45 points or 0.16%. South Korean Kospi is down by 7.77 points or 0.16%.

With rising geopolitical risk, prices of safe haven assets like gold and silver touched record highs yesterday. Some buying may be seen in Indian equity markets today , at lower levels, after the sharp declines of yesterday. Indian rupee remains under pressure against the US dollar.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: Dow Jones