Fox News Hourly Update: There's a Sell-Off on Wall Street

Date: January 20, 2026
Host: Dave Anthony, FOX News Podcasts

Episode Overview

This episode delivers a concise recap of the day's top headlines, with a focus on a dramatic Wall Street sell-off, escalating US-European trade tensions over Greenland, high-stakes diplomacy in Davos, major streaming industry news, and a historic college football championship. The episode also touches on a police shooting in Portland, Oregon, and surging prices for precious metals.

Key Discussion Points & Insights

1. Wall Street Sell-Off & Economic Implications

• Dow plunges 688 points amid mounting trade tensions with Europe, marking a volatile start after the holiday weekend.
  • [00:03] Dave Anthony: "There is a sell off on Wall Street... The Dow plunging 688 points one year to the day after President Trump returned to office."
• Commodity spikes: While stocks drop, gold and silver surge to record highs, with gold at $4,700/oz and silver at $95/oz.
  • [02:15] Dave Anthony: "Gold's up 3% over $4,700 per ounce. Silver surging to 95 bucks an ounce."
• Gas prices remain relatively stable despite fluctuations elsewhere in the market.

2. US Push for Greenland & Transatlantic Tensions

• President Trump travels to Davos, Switzerland, to attend the World Economic Forum, with a key agenda item: the controversial US push to take over Greenland.
  • [00:22] Dave Anthony: "Tonight he'll go to Davos, Switzerland for the World Economic Forum discussing his push for a US Takeover of Greenland."
• Treasury Secretary's statement: Scott Bessen argues Greenland is increasingly "attractive for foreign conquests" and should be US territory to prevent conflict.
  • [00:34] Scott Bessen: "Attractive for foreign conquests and he very strongly believes that it must be part of the United States to prevent a conflict."
• European response: The US threatens new tariffs if Europe resists; Denmark expresses willingness to work with the US on Greenland’s security, but wider European resistance raises NATO concerns.
  • [00:46] Narrator: "The Europeans have said a fight to take territory from an allied nation could put the entire NATO alliance at risk."

3. Diplomatic Moves & "Board of Peace" Initiative

• The US seeks support for a "board of peace," meant to mark phase two of the Gaza ceasefire deal.
  • [01:20] Dave Anthony: "The president plans to formalize what he calls a board of peace and will mark the transition into phase two of the Gaza cease fire deal."
• Around 60 foreign leaders invited; countries like Canada, Argentina, and UAE agree to join; France may abstain, prompting threats of steep tariffs on French wine and champagne.
  • [01:40] Trey Yingst: "But France may not join, prompting President Trump to threaten yet another tariff, 200% on French wine and champagne."
• Speaker of the House in Britain: Mike Johnson makes history as first American Speaker to address British Parliament, urging allies to calm tensions.
  • [01:08] Mike Johnson: "I told the president that I felt that my mission here today was to encourage our friends and help to calm the waters, so to speak."

4. Breaking News: Police Shooting in Portland, Oregon

• A gunman opens fire on police called to investigate a knife threat; officers hospitalized but in stable condition, local residents asked to shelter in place.
  • [01:46] Tanya J. Powers: "The shooting happened when the officers were called to investigate a threat with a knife and upon arriving someone opened fire on them. People in the residential area were asked to stay inside their homes with doors and windows closed."

5. Media Industry Shakeup: Netflix’s Mega-Deal

• Netflix submits a $72 billion all-cash offer for Warner Brothers Discovery studios and HBO Max, switching from its prior cash-and-stock bid.
  • [02:49] Jenny Coselda: "Warner Brothers Discovery has approved a new bid from Netflix that is all cash... The value of the Netflix offer remains at $72 billion."
• If approved, CNN, TNT, and the Food Network would move to a new Discovery Global unit; Paramount continues to pursue its own bid.

6. College Football History Made

• Indiana University wins its first-ever college football national championship, defeating Miami 27–21.
  • [03:26] Dave Anthony: "Kurt Signetti completed one of the all time great turnarounds Monday night, leading Indiana to its first college football national championship."
• Heisman Trophy winner Fernando Mendoza secures victory with a pivotal fourth-quarter touchdown run.
  • [03:44] Dave Anthony (play-by-play): "He's gonna take off and run. Mendoza weaves his way first and go diving toward the end zone."
• With a perfect 16-0 record, it caps one of college football's most remarkable program turnarounds.

Notable Quotes & Memorable Moments

• President Trump on his first year back in office:

  • [00:16] Trump: "I don't think there's been a term like it. I don't think any president has had a better first year than we've had."

• Scott Bessen on Greenland's strategic value:

  • [00:34] Bessen: "Attractive for foreign conquests and he very strongly believes that it must be part of the United States to prevent a conflict."

• Mike Johnson in Parliament:

  • [01:08] Johnson: "I told the president that I felt that my mission here today was to encourage our friends and help to calm the waters, so to speak."

• Dave Anthony on metals market:

  • [02:15] Anthony: "Gold's up 3% over $4,700 per ounce. Silver surging to 95 bucks an ounce."

Important Timestamps

• 00:03: Opening, Stock Market Crash News
• 00:22: President Trump’s Davos Agenda & Greenland
• 00:34: Treasury Secretary’s Comments on Greenland
• 01:00: Speaker Mike Johnson Addresses UK Parliament
• 01:20: Davos "Board of Peace" Announcement
• 01:46: Portland, Oregon Police Shooting Update
• 02:49: Netflix $72 Billion Offer for Warner Bros Discovery
• 03:24: Indiana Wins College Football National Championship

Tone & Style

The episode maintains a brisk, headline-driven tone typical of network newscasts, mixing direct reporting with soundbites and expert commentary. The language is straightforward, succinct, and occasionally punctuated by pointed remarks from political and business figures.

This summary provides a thorough, timestamped guide to the episode’s major news stories, capturing both factual content and the voice of key participants.