Stock and gold prices swing with Trump's changing stance on Greenland

U.S. stock markets experienced sharp swings as President Donald Trump's statements about Greenland created uncertainty. Stocks plummeted one day after he made threats related to the territory, but then rallied the next day when he softened his tone and called off related tariff threats.

Gold prices also moved with the tensions, rising to a record high above $4,800 when disputes were simmering, then dropping after Trump posted about a potential deal. The market volatility was directly tied to the changing rhetoric from the U.S. regarding Greenland.