Geopolitics
4 min read
Live Stock Market Updates: Dow Jones & S&P 500 for January 20
Bloomberg.com
January 20, 2026•2 days ago

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Global markets experienced a significant downturn. President Trump's tariff threats and geopolitical tensions, including a standoff over Greenland, led to declines in stocks, bonds, and the dollar. The S&P 500 fell 1.4%, erasing its yearly gains, while equity volatility surged. Gold reached all-time highs.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Stocks , bonds and the dollar fell after President Donald Trump threatened tariffs on various European countries before high-level meetings in Davos amid a growing standoff over his ambitions to take over Greenland. Bitcoin plunged. Gold hit all-time highs.
The geopolitical tensions drove the S&P 500 down 1.4%, erasing its advance for 2026. A gauge of equity volatility jumped to the highest since November. US yields hit an over four-month high, with investors also reacting to a selloff in Japanese bonds and news that a Danish pension fund is planning to exit US Treasuries . The dollar saw its worst two-day stretch in about a month.
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