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Fox News Hourly Update

There's a Sell-Off on Wall Street

20 Jan 2026

Transcription

Chapter 1: What triggered the Wall Street sell-off?

3.052 - 16.281 Dave Anthony

There is a sell-off on Wall Street. I'm Dave Anthony, Fox News. After a long holiday weekend, is trade tensions simmer with Europe? The Dow plunging 688 points one year to the day after President Trump returned to office.

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16.541 - 22.073 Unknown

I don't think there's been a term like it. I don't think any president has had a better first year than

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22.053 - 31.81 Dave Anthony

Tonight he'll go to Davos, Switzerland for the World Economic Forum discussing his push for a U.S. takeover of Greenland. Treasury Secretary Scott Besson already in Davos tells Fox Business.

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31.99 - 44.331 Unknown

Greenland's becoming more and more attractive for foreign conquest and he very strongly believes that it must be part of the United States to prevent a conflict.

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Chapter 2: How are trade tensions affecting the U.S. economy?

44.311 - 60.885 Unknown

The president has threatened European countries with additional tariffs if they refuse to support him on acquiring Greenland. Denmark's government has said it's willing to work with the U.S. on reinforcing Greenland security. The Europeans have said a fight to take territory from an allied nation could put the entire NATO alliance at risk.

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60.865 - 68.376 Dave Anthony

Fox's Rich Edson at the White House. House Speaker Mike Johnson's in London and was the first American speaker to ever address Parliament, calling Britain a strong ally we need.

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68.697 - 76.308 Mike Johnson

I told the President that I felt that my mission here today was to encourage our friends and help to calm the waters, so to speak, and I hope to do so.

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76.489 - 80.815 Dave Anthony

Also in Davos, Thursday, the President plans to formalize what he calls a Board of Peace.

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80.795 - 88.546 Unknown

And will mark the transition into phase two of the Gaza ceasefire deal. Around 60 invitations were sent out, mostly to leaders of foreign countries.

Chapter 3: What is President Trump's strategy regarding Greenland?

88.826 - 91.81 Unknown

Countries like Canada and Argentina have already agreed to join.

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91.87 - 106.65 Dave Anthony

Fox's Trey Youngston, Tel Aviv, Israel, the United Arab Emirates also agreed today to be on the board, but France may not join, prompting President Trump to threaten yet another tariff, 200% on French wine and champagne. There's a manhunt for a gunman in Portland, Oregon, where police officers were shot. They're stable now.

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106.63 - 117.602 Tanya J. Powers

The shooting happened when the officers were called to investigate a threat with a knife, and upon arriving, someone opened fire on them. People in the residential area were asked to stay inside their homes with doors and windows closed.

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117.662 - 120.064 Dave Anthony

That's Tanya J. Powers, America's Listening to Fox.

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120.084 - 125.09 Tanya J. Powers

This is Ainsley Earhart. Thank you for joining me for the 52-episode podcast series, The Life of Jesus.

125.21 - 134.68 Ainsley Earhart

A listening experience that will provide hope, comfort, and understanding of the greatest story ever told. Listen and follow now at foxnewspodcasts.com or wherever you listen to podcasts.

136.162 - 160.877 Dave Anthony

Again on Wall Street, a big sell-off. The Dow now down on 718 points. The Nasdaq's plunging 403. The S&P 500's dropping 100 points. But silver and gold are surging to record highs. Gold's up 3%, over $4,700 per ounce. Silver surging to 95 bucks an ounce. Oil's up almost a dollar, back over 60 bucks a barrel, but there is no change at the gas pump.

160.897 - 169.481 Dave Anthony

AAA's national average for regular is still $2.82 a gallon. That is 30 cents less than a year ago. Now an update on a massive Netflix deal.

169.521 - 193.118 Janie Koselda

Warner Brothers Discovery. has approved a new bid from Netflix that is all cash. It previously was offering cash and Netflix common stock. The bid is for studios and HBO Max streaming service. The value of the Netflix offer remains at $72 billion. The companies hope to vote on the deal by April, though Paramount continues to push its own all cash offer.

Chapter 4: What are the implications of the Netflix deal for the media industry?

251.514 - 253.497 Dave Anthony

I'm Dave Anthony, and this is Fox News.

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