Europe Stocks Steady as Trump Rules Out Force to Take Greenland
US President Donald Trump disembarks Air Force One at Zurich Airport before attending the World Economic Forum in Davos, on Jan. 21.
Photographer: Chip Somodevilla/Getty Images
European shares erased declines after US President Donald Trump said he won’t use excessive force in his pursuit of Greenland.
The Stoxx Europe 600 Index was little changed at the close after earlier dropping as much as 0.9%. Trump said he was seeking immediate negotiations about the acquisition of Greenland in a speech at the World Economic Forum in Davos. Meanwhile, the European Parliament will delay a vote to ratify the bloc’s trade agreement with the US, according to people familiar with the matter.