S&P 500 sheds $750B-Greenland's estimated value-on Trump's threats
Markets recoiled as Trump ramped up threats tied to US control of Greenland. The S&P 500, which tracks the largest US companies, fell 1.2% and nearly 1.7% in 5 days, erasing about $750 billion in market value. Economist Justin Wolfers noted the losses equal Greenland's estimated value-a striking measure of investor fear. As rhetoric escalated, traders priced in risk fast-turning geopolitics into a massive wealth hit. #trump