CNBC Business News Update - Market Open: Stocks Sell Off On Fresh Trade War Fears, Gold And Silver Hit New Highs, Bond Yields Pop 1/20/26

Episode Date: January 20, 2026

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I'm Jessica Eddinger. CNBC is sell-off for stocks on Wall Street to start this holiday shortened week on global trade war fears. As President Trump threatens new tariffs over a U.S. takeover of Greenland against countries that aren't going along with the idea. The Dow, down 650 points, led lower by shares of Invidia down more than 3% this morning. The S&P 500 index down 100 points. That's 1.5%. The NASDAQ. plunging 414 points, almost 2%. Bond yields are popping. The 10-year yield at its highest since Labor Day at nearly 4.3%. Watch mortgage rates today.

They loosely follow the 10-year end and are poised to rise. NATO members are now facing tariffs increasing to 25% until a Greenland purchase deal happens, according to the president. And in turn, NATO countries are now working on possible tariffs against the U.S. The World Economic Forum is on in Davos, Switzerland. President Trump will speak there tomorrow. He'll also speak live on CNBC tomorrow. Many American CEOs and business leaders are there.

Bitcoin, down to $90,000. Golden Silver hitting fresh all-time intraday highs today. The gold bugs always felt, listen, when they're going to wake up and say, you know what? Gold was the safe haven, not crypto. Yep. And I think we've woken up and said that. A lot of people feel you need a bit of a safe haven because when you wake up and you see a lot of true social comments,

you tend to get a little chill yourself. No doubt. And we don't know what's going to come next. Right. CNBC's David Faber with Mad Money host Jim Kramer. Bridgewater founder, billionaire Ray Dalio, with an observation from Davos on CNBC. The monetary order is breaking down. What I mean by the monetary order is fiat currencies and debt as a storehold of wealth

is not being held by central banks in the same way. There was a change. The biggest market to move last year was the gold market, far better than the tech markets and so on. And the U.S. markets underperformed foreign markets. Some investors focused on earnings. Netflix reporting quarterly results. after the closing bell this afternoon. Number one at the weekend box office over the long holiday weekend.

Disney's Avatar Fire and Ash for the fifth weekend in a row. Jessica Eddinger, CNBC. Straight from the CEOs. You have to go into wartime mode. Valuable insights. When you have happier employees, you get happier guests. Strategies for success. I just don't see risk where others do from inside the C-suite.

Pick the best people. give them the tools to do the best work of their life. Action! And get out of their way. Join Julia Borsten with CNBC Leaders Playbook. Back-to-back episodes. All new Wednesdays 10 p.m. Eastern.