Wall Street posts biggest daily drop in three months, Trump Greenland tariff threat triggers wide selloff

Major Wall Street indexes experienced their largest one-day drops in three months, driven by renewed tariff threats from President Trump against Europe. This "risk-off" sentiment boosted gold to record highs and pressured U.S. Treasuries, while Bitcoin also declined. The selloff, triggered by Trump's proposed tariffs on European goods, raises concerns about market volatility.