Trump's tariff threats in the Greenland dispute put pressure on US markets - Gold hits record high over $4,700 - Dax drops below 25,000 points - RAPT Therapeutics skyrockets after acquisition offer from GSK - Novavax benefits from licensing deal with Pfizer for Matrix-M technology - ServiceNow enters strategic AI partnership with OpenAI - Netflix secures $8.2 billion credit financing for Warner acquisition
Reading Time: 9 minutes
S&P 500 slides into the red The US stock markets are sharply declining after US President Donald Trump threatens new tariffs against several European countries. The S&P 500 falls by 0.35%. Market volatility rises to its highest level since November, US Treasury bonds reach a four-month high, and the dollar experiences its strongest decline in two days in about a month. Bitcoin crashes, while gold as a safe haven rises above $4,700 per ounce. Geopolitical tensions drive the markets Tensions with Europe go beyond pure economic issues...
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