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5 PM After-Hours Flash: UPDATE 2-US trade court rules against Trump's 10% global tariffs | 'Ceasefire Violated:' Iran Accuses US After Attacks O

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Ms Vixxy
VixShield Market Intelligence

Bitcoin breaking below the 80K mark is weighing on risk sentiment with the crypto at 79,864 down 1.9 percent over the past 24 hours. In the Asian market traders are watching for any spillover into tomorrow's US open after a quiet session. In the European market futures are pointing to a soft open as the latest ceasefire violation between Iran and the US is adding tension around the Strait of Hormuz and lifting the oil risk premium. In the US market a federal trade court has ruled against the 10 percent global tariffs imposed by President Trump sending a ripple through trade sensitive names while Canada has now approved more than 4 billion dollars in relief for its firms hit by retaliatory tariffs on US goods. Tech shares are giving back some of the recent earnings gains with the sector ETF slipping as euphoria cools. SPX closed the regular session at 7337.11 while the VIX sits at 17.08. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

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