CNBC Daily Open: After Venezuela, rumblings of Greenland takeover from the White House

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Painted houses and residential flat blocks overlooking the fjord successful Nuuk, Greenland, connected Monday, Nov. 3, 2025.

Juliette Pavy | Bloomberg | Getty Images

It's not adjacent been a week since the U.S. onslaught connected Venezuela, and murmurs of different imaginable subject cognition are already coming retired of the White House. On Tuesday stateside, Press Secretary Karoline Leavitt told CNBC that the Trump medication is not discounting "utilizing the U.S. Military" to get Greenland.

Even earlier the quality broke, headlines astir a imaginable takeover were already circulating. European politicians banded unneurotic to basal down Greenland's borders, portion leaders of Denmark and its autonomous territory emphasized the Arctic island's sovereignty.

But overmuch similar the U.S.' onslaught connected Venezuela, U.S. President Donald Trump's assertive posturing astir Greenland didn't look to faze markets much. In fact, the S&P 500 and Dow Jones Industrial Average notched caller records, on with Europe's Stoxx 600.

"The market's absorption to the Venezuela quality underscores the spread betwixt header hazard and existent terms action. While [Venezuelan President Nicolás] Maduro's apprehension is simply a notable geopolitical event, it carries nary contiguous implications for lipid proviso — the origin markets genuinely attraction about," said Angelo Kourkafas, elder planetary concern strategist astatine Edward Jones.

Meanwhile, Greenland's system is facing "major challenges," according to a study by Søren Bjerregaard, caput of securities and equilibrium of payments astatine Danmarks Nationalbank. However, the land has a store of uncommon earths, which means a U.S. annexation of Greenland could thrust up related stocks.

That said, determination is nary denying the severity of the determination connected a geopolitical basis, and connected the level of idiosyncratic quality lives, if Trump gives successful to his tendency to get Greenland. Markets could respond severely to the symbolic — and imaginable factual — fracturing of the NATO partnership.

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Record closes for the S&P 500 and Dow. Major U.S. indexes roseate Tuesday connected the backmost of artificial intelligence-related stocks specified arsenic Amazon, Micron and Palantir. The pan-European Stoxx 600 added 0.58% and besides closed astatine a grounds high.

Trump weighs subject enactment connected Greenland. The White House is considering "a scope of options" successful bid to acquire Greenland — including "utilizing the U.S. Military," White House property caput Karoline Leavitt told CNBC connected Tuesday.

'Greenland belongs to its people.' European leaders connected Tuesday issued a associated statement, which came retired earlier Leavitt's comment, connected Greenland's sovereignty. Greenland's Prime Minister Jens Frederik Nielsen connected Monday dismissed comparisons with Venezuela.

U.S. to get lipid from Venezuela. The U.S. volition person betwixt 30 cardinal to 50 cardinal barrels of oil from Venezuela, which volition beryllium sold astatine its marketplace price, Trump said Tuesday evening stateside.

[PRO] A clime for defence stocks. Amid rising geopolitical tensions and the U.S. seemingly intensifying its subject operations, some defence stocks could person a propulsion this year, said Morgan Stanley.

And finally...

A Samsung Electronics Co. CXL representation module displayed connected a show during the Semiconductor Exhibition (SEDEX) successful Seoul, South Korea, connected Wednesday, Oct. 23, 2024.

SeongJoon Cho | Bloomberg | Getty Images

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