STMicroelectronics stock slides nearly 5% on Trump Greenland tariff threat; what to watch next
STMicroelectronics shares fell 4.8% to 23.14 euros in Paris Monday after President Trump threatened new U.S. tariffs on eight European countries unless Greenland is sold to the U.S. European tech stocks dropped 2.9%, and market volatility hit its highest since November. EU leaders plan an emergency summit Thursday to discuss retaliation. U.S. markets were closed for a holiday.