Stocks hit with across board selloff as Trump's threats over Greenland unnerves investors

The threats reignited the "Sell America" trade that emerged after Trump's "Liberation Day" levies announced last April.

The S&P 500 fell 1.97% and the Nasdaq Composite fell 2.19%

Global stocks were lower across the board on Tuesday, with a selloff in equities on Wall Street, Europe and Asia, amid increased market volatility after US President Donald Trump threatened to reignite a trade war with Europe over Greenland.

Trump said he no longer thought "purely of peace" after he did not win the Nobel Peace Prize and reiterated a threat to increase tariffs on EU members Denmark, Finland, France, Germany, Sweden, and the Netherlands, along with Britain and Norway, until the US is allowed to buy Greenland.