CNBC Business News Update Market Close: Stocks Higher, President Trump Announces Concept Of Greenland Deal, Anti-US Sentiment Abroad 1/21/26
Jan 21, 2026
Stocks surged after President Trump hinted at a Greenland deal, prompting discussions on tariffs and Arctic security. Experts analyze how geopolitical instability influences market navigation, with warnings of political shocks creating potential buying opportunities. Concerns about rising anti-American sentiment could pose risks for U.S. firms, while commodities are reacting sharply due to market conditions and weather factors. Tech updates include falling home sales and Apple's collaboration with Google to enhance Siri.
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Markets Rally On Greenland Concept
- Markets rose after President Trump floated a "concept" of a Greenland deal, easing some geopolitical fears.
- Stocks like Amgen and NVIDIA led gains as investor uncertainty briefly receded.
Kernen Presses Trump On Greenland Ownership
- CNBC's Joe Kernen pressed President Trump about whether the Greenland move meant U.S. ownership and got a vague reply.
- The president called it "a little bit complex" and deferred specifics to a later time.
Instability Creates Both Risk And Opportunities
- Experts said geopolitical unpredictability creates market instability but also buying opportunities.
- Charles Schwab and Capitol Wealth guests warned of ongoing "existential shocks" around policy and elections.