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Tech stocks lead Wall Street sell-off as tensions over Greenland escalate

Tech stocks led declines Tuesday as renewed trade rhetoric tied to Greenland fueled a risk-off move across U.S. markets.

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CNBC
Political Correspondent
Published: 1/20/2026
Updated: 1/21/2026
8 min read
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CNBC reports on Tech stocks lead Wall Street sell-off as tensions over Greenland escalate

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Technology shares led the declines in U.S. stocks Tuesday as investors reacted to escalating tariff rhetoric tied to President Donald Trump's renewed push around Greenland.

The State Street Technology Select Sector SPDR ETF (XLK) fell 2.2%. Nvidia, M...

Tags:Climate ChangeParliamentEnvironmentPoliticsEnergy Policy
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Mike Chen2 hours ago

Finally some real action on climate change. This legislation is long overdue and I hope it passes quickly despite the opposition from oil-dependent provinces.

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Jennifer Walsh3 hours ago

As someone who works in Alberta's energy sector, I'm concerned about the economic impact. The transition fund sounds good in theory but will it actually help workers like me?