Stock indexes are sharply lower today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to 2-week lows due to rising geopolitical tensions between the US and Europe. President Trump’s push to take over Greenland is reviving fears of trade confrontations, leading to a risk-off mood in asset markets. Rising bond yields are also weighing on stocks, with the 10-year T-note yield at a 4.75-month high. Gold and silver mining companies are seeing strength, while US natural gas-producing stocks are soaring. Q4 earnings season begins positively, with 88% of S&P 500 companies beating expectations. Overseas stock markets are lower, with the Euro Stoxx 50, China’s Shanghai Composite, and Japan’s Nikkei Stock 225 all down. Interest rates are up, and European government bond yields are rising. The Supreme Court did not issue a ruling on President Trump’s reciprocal tariffs, and markets are discounting a 5% chance of a rate cut at the FOMC’s next meeting. Cryptocurrency-exposed stocks are sliding, while gold and silver mining stocks are climbing. Several US stock movers are seeing declines, while others are up. Earnings reports for the day include companies like 3M Co, Netflix Inc, and United Airlines Holdings Inc.

Read more at Barchart: Stocks Pressured by US and European Standoff Over Greenland