4 PM After-Hours Flash: Tensions in the Strait: U.S. and Iran in Ceasefire Limbo | After Brief Respite, Gasoline Prices Continue Their Steady Cl
Bitcoin is trading at 81557 dollars up 2 percent over the past 24 hours and sitting within 2 percent of the 80k level as risk appetite returns in Asian trade. In the Asian market early strength in crypto is lifting sentiment with European pre-market futures pointing to a firmer open for equities. In the commodities market tensions in the Strait of Hormuz are keeping a risk premium on crude even as a fragile US-Iran ceasefire holds with fresh missile activity reported overnight. Gasoline prices are climbing again jumping 31 cents in the past week to an average of 4 dollars 48 cents a gallon according to AAA as the conflict adds to supply worries. In the US market after hours traders are digesting earnings beats from Qualys which reported non-GAAP EPS of 1.95 dollars beating estimates by 15 cents and revenue of 175.64 million dollars also ahead of forecasts while Crescent Energy flagged about 1 billion dollars in expected 2026 levered free cash flow as Permian integration runs ahead of schedule. SPX closed the session at 7259.22 up 1.69 percent with the VIX easing to 17.38 down over 3 percent. This geopolitical premium on energy and the crypto breakout both point to choppy conditions for US options traders tomorrow. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.