By Khadija Saeed
Publication Date: 2026-01-20 00:04:00
NEW YORK, January 19, 2026, 18:38 (EST) — The market has closed.
- Nvidia’s shares listed in Frankfurt dropped 2.2% amid tariff concerns weighing on major U.S. tech stocks during the U.S. market holiday.
- NVDA ended Friday’s session at $186.23, slipping 0.44% following a volatile day of trading.
- Traders are eyeing if the risk-off mood spills over into Tuesday’s U.S. open and the upcoming batch of company earnings.
Nvidia (NVDA.O) shares traded in Frankfurt dropped 2.2% on Monday after U.S. President Donald Trump promised to expand tariffs on European nations until the U.S. gains the right to purchase Greenland. Alphabet’s Frankfurt shares slid 2.4%, while Microsoft fell 2.2%. Nasdaq 100 futures were down 1.25% as Wall Street remained closed for Martin Luther King Jr. Day. (Reuters)
The drop is significant since traders often see Nvidia as a barometer for risk appetite in large-cap tech. With U.S. cash markets reopening Tuesday, the key question is whether investors will take the holiday break to adjust their positions or dive straight into selling.
On Saturday, Trump announced plans to slap a 10% import tariff starting in February on products from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland, according to the Associated Press. Stephen Innes of SPI Asset Management called the move a test of “strategic alignment and institutional trust” that underpins Europe’s backing of U.S. assets. (AP…
