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Nordic Stocks Seen Opening Lower After Trump Plans Tariffs Over Greenland -- Market Talk

Dow Jones01-19 15:49

0749 GMT - Nordic markets are seen opening lower, with IG calling the OMXS30 down 1% at around 3,009. The EU risks receiving punitive tariffs of 10% from Feb. 1 and 25% from June 1, with President Trump saying the tariffs will apply until a complete and total purchase of Greenland is completed. "This gives us a completely new and escalated trade war situation, with geopolitical undertones," SEB senior economist Robert Bergqvist writes. Trump's territorial claim to Greenland cannot possibly be accepted by the EU, Europe or NATO, and U.S. support for Ukraine is also at stake, Bergqvist adds. U.S. stock markets are closed today due to a public holiday. OMXS30 closed at 3039.09, OMXN40 at 2709.64 and OBX at 1662.37. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

January 19, 2026 02:49 ET (07:49 GMT)

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