U.S. Futures Slip as Trade Tensions Resurface Over Greenland
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: stocktwits
- Escalating Trade Tensions: President Trump announced that countries opposing the sale of Greenland would face new tariffs, starting at 10% on imports from eight NATO members on February 1, rising to 25% by June 1, which is likely to increase market uncertainty and affect investor confidence.
- Cautious Market Reaction: Following the Martin Luther King Jr. Day holiday, Nasdaq 100 futures fell by 1%, S&P 500 futures slipped 0.9%, and Dow futures also dropped 0.9%, indicating investor caution ahead of upcoming earnings reports.
- Earnings Reports in Focus: The market is closely watching earnings from Netflix, United Airlines, and KeyCorp, as their upcoming results could significantly influence overall market sentiment, particularly amid the current trade tensions.
- World Economic Forum Commences: The World Economic Forum is taking place in Davos, Switzerland, where Trump is expected to deliver a special address on Wednesday and meet with global CEOs, which may impact market expectations regarding policy directions, especially in trade policy.
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.
