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Financial markets dropped sharply after reports about President Trump's interest in purchasing Greenland. The U.S. dollar fell to a two-week low, and major stock indexes, including the Dow Jones, saw significant losses.
Investors reacted by moving money away from U.S. assets, a move some traders called a 'sell America' trade. The uncertainty also led to a surge in the price of gold, which is often seen as a safe investment during times of market turmoil.
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