Stock futures signal big losses after Trump threatens new tariffs over Greenland; Dow set for 700-point drop: Live updates

Stock futures signaled a downbeat session on Wall Street as President Donald Trump intensified his rhetoric on Greenland, threatening new tariffs on countries opposing the sale of the Danish territory to the United States. Futures data pointed to a 718-point drop for the Dow Jones Industrial Average, a 1.6% loss for the S&P 500, and a 1.8% loss for the Nasdaq. Trump announced escalating tariffs on eight NATO members' U.S. imports, starting at 10% on February 1 and rising to 25% on June 1. European leaders described Trump's tariff threats as 'unacceptable' and are reportedly considering countermeasures.