The US stock market experienced a sharp decline, with the Dow Jones Industrial Average dropping over 700 points due to heightened fears surrounding proposed tariffs related to Greenland. Investors reacted strongly as major indices, including the S&P 500 and Nasdaq, also fell significantly. Concerns over economic outlook and escalating trade tensions were compounded by notable losses in key stocks such as Nvidia, Visa, and Salesforce. The selloff triggered a surge in safe-haven assets like gold, pushing prices to all-time highs. As earnings reports from companies like Netflix loom, market participants are closely monitoring developments in tariff negotiations.