Nordic equity markets dropped as US threatened tariffs on European countries over Greenland. Danish stocks took the biggest hit. Defense and safe-haven sectors performed better. Tariffs could impact European growth by 0.25%. Danish equities most vulnerable. Defense stocks like Saab and Kongsberg Gruppen rose. Telecommunications and insurance companies also saw gains. Automotive and energy stocks fell. Precious metals like silver and gold rose.

Read more at Morningstar: Nordic Stocks Fall on Trump Tariff Threats