Dow Jones Plunges 900 Points: Wall Street's Worst Day in Three Months Amid Tariff Sell-off

Market
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CNBC TV18•21-01-2026, 04:52
Dow Jones Plunges 900 Points: Wall Street's Worst Day in Three Months Amid Tariff Sell-off
- •Dow Jones dropped nearly 900 points, S&P 500 and Nasdaq fell over 2% each, marking Wall Street's worst day in three months.
- •US President Donald Trump's tariff threats and geopolitical tensions over Greenland triggered widespread selling.
- •Big Tech stocks lost over $700 billion in market value; US Dollar index fell, Bitcoin dropped below $90,000.
- •Haven assets like Spot Gold and Silver hit new peaks as investors shifted to risk-off strategies.
- •Danish Pension Fund's exit from US treasury positions and analysts' divided opinions on Trump's next moves added to market uncertainty.
Why It Matters: Wall Street experienced a significant sell-off due to tariff threats and geopolitical tensions, boosting haven assets.
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