8 PM After-Hours Flash: U.S. Trade Court blocks Trump's global 10% tariff | Trump Warns Iran After US Destroyers Come Under Fire in Hormuz | Sha
U.S. forces have struck Iranian military sites in the Strait of Hormuz after attacks on American warships, sending oil higher and raising fresh geopolitical risk. In the Asian market, stocks retreated from record highs on the escalating Middle East tensions while crude climbed as investors weighed potential supply disruptions. Bitcoin is trading at 80,022, down 1.7 percent over the past 24 hours, reflecting a broader risk-off tone that could keep volatility elevated into tomorrow's U.S. open. A U.S. trade court has ruled President Trump's proposed 10 percent global tariff illegal, issuing a narrow block that leaves some Section 301 investigations intact. SPX closed the 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.