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U. A , S. Speculations of President Donald Trump’s defiant attempts to take control over the Danish territory of Greenland and mutual tariffs between world’ largest economy and a group of European countries are fuelling tech index futures ahead of the market open, which is under pressure from concerns about his efforts to secure trade with Europe.
The Invesco QQQ Trust Series, an exchange-traded fund that tracks the tech heavy Nasdaq 100 index, is down 2% in pre market trading after the long weekend to celebrate Martin Luther King Jr. day on Monday, a ’s Day.
Trump also said he was prepared to take up a new 10% tariff on Denmark and some other European countries, which are apparently set to charge U.S. taxes in return for the attacks. A , S. Imports imports. A breakthrough Prediction markets suggest that there is a low chance of Trump getting Greenland before 2027, with Polymarket pricing just 2%.
Ethereum dropped to $90,000 on Tuesday — down 8% from Thursday’s high — as bitcoin plunged into the low-level Bitcoin related Equities below. Strategy (MSTR), $164, Galaxy Digital (GLXY) – 8% to $53 and IREN (Iren) 6 per cent down 6%.
Coinbase (COIN) and Circle Internet (CRCL) both fell about 5%, but the tech weakness in general continues to be strong; all Magnificent Seven stocks were 1%-3% cheaper.
In times of upheaval, gold is regarded as a haven for gold and silver continues to rise. Gold is a trading system that has been trading above $4,700 per ounce (9% year to date) and silver over $95 per an op for 32% in the same period.
U. S. Under heavy pressure, Treasury yields rose and Japanese long-dated bonds remain under intense pressure. The move is sharp, with Yields on Japan’s 30 year government bonds that have risen nearly to 4% and underscoring global bond market stress.
The DXY index, a key indicator of dollar strength against a basket of major currencies, has fell 0.5% to 98.5.
UPDATE (Jan. 20, 10:33 UTC): Adds dropped letter in headline.
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