DAVOS: European Defense Stocks Drop After Trump Rules out Force on Greenland -- Market Talk

Dow Jones01-21 23:20

1520 GMT - European defense stocks fall after President Trump ruled out taking Greenland, a self-governing autonomous territory within Denmark, by force. Trump told the World Economic Forum in Davos, Switzerland, that he wants to start immediate negotiations for the U.S. to acquire Greenland, saying it was vital to secure North America. In Frankfurt, Hensoldt loses 2.8%. Rheinmetall is down 2.6% and Renk falls 1.55%. In London, BAE Systems is down 0.4%, while Rolls-Royce decreases 1.3%. In Paris, Thales falls 1.3% while Dassault Aviation is down 0.3%. Italy's Leonardo drops 0.8% while Sweden's Saab falls 1%. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 10:20 ET (15:20 GMT)

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