Trump Threatens 200% Tariffs on Europe, Market Sentiment Dips
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
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Source: stocktwits
- Escalating Tariff Threats: President Trump announced plans to impose 200% tariffs on European nations opposing his Greenland deal, raising trade war concerns and leading to a 1.3% drop in S&P 500 futures, reflecting investor anxiety.
- Market Sentiment Shift: As markets reopened after the Martin Luther King Jr. Day holiday, retail sentiment towards SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) turned bearish, indicating caution ahead of a busy earnings week.
- Economic Data Focus: Investors are closely watching the Supreme Court's potential ruling on tariff legality and a high-stakes case regarding Fed independence, which could significantly impact monetary policy moving forward.
- Stock Movements: Netflix (NFLX) garners attention ahead of its earnings report, while Critical Metals Corp (CRML) remains in focus due to Greenland trade tensions, with shares rising over 150% in January.
Analyst Views on CRML
About CRML
Critical Metals Corp. is a mining development company. The Company is focused on mining critical metals and minerals and producing strategic products essential to electrification and technologies for Europe and its partners. Its flagship Project, Tanbreez, consists of rare earth deposits and is located in Southern Greenland. The Wolfsberg Lithium Project is located 270 km southwest of Vienna, in Austria’s Carinthia region. The Wolfsberg Lithium Project is a fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure. With its strategic asset portfolio, the Company supplies critical minerals essential for defense applications, the clean energy transition, and technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
