3 AM After-Hours Flash: US stocks fall; Dow Jones sheds 550 points | Iran war strikes structural blow to Pakistan’s economy | India among most r
Bitcoin is trading at 80923 up 1.3 percent over the past 24 hours and holding near the 80K level as traders digest the latest Middle East flare-up. In the Asian market India's economy is showing strong resilience among large emerging markets according to Moody's with policy reforms and solid buffers leaving it better placed to handle future global shocks. In the US market stocks fell sharply with the Dow shedding 550 points as investors weighed fresh geopolitical risks. Multiple outlets are reporting the fragile Middle East truce is now in doubt after the US and Iran launched new attacks while fighting for control of the Strait of Hormuz... that development is already pushing up energy prices and delivering a structural blow to Pakistan's economy. The conflict is also delaying LNG shipments with Petronet expecting Qatar to resume exports three to four weeks after any war ends. Nvidia is trying to cut through the noise by unveiling modular Omniverse libraries to help developers speed up physical AI adoption without rebuilding entire software stacks. With the SPX last at 7200.75 traders are watching how these tensions feed into tomorrow's US open and VIX moves. Russell's Morning Outlook is coming up in a few hours. I am your VixShield news reporter.