Chapter 1: What is the main topic discussed in this episode?
Here's your midday brief for Tuesday, January 20th. I'm Anthony Bansi for The Wall Street Journal. U.S.
Chapter 2: Why did U.S. stocks drop after President Trump's comments on Greenland?
stocks dropped and precious metals surged to fresh records after President Trump doubled down on his quest to make Greenland part of the U.S. Investors are reacting to renewed fears of a trade war after President Trump threatened tariffs on European countries over Greenland. The Dow, Nasdaq, and S&P are all down. Meanwhile, gold and silver hit highs in intraday trading.
French President Emmanuel Macron used a speech in Davos to denounce President Trump's threat to impose tariffs on Europe over the Greenland dispute and warned of a time of global instability. And Warner Bros.
Discovery and Netflix have struck a new all-cash deal worth $72 billion to buy Warner Studios and the HBO Max streaming business. The offer replaces a previous cash-in-stock deal and comes as rival Paramount continues a hostile bid for the entire company.
Heads Up, an artificial intelligence tool, helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have more coverage of the day's news on WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.