7 AM After-Hours Flash: Ukrainian soldiers are shooting down friendly drones. Companies making them say it's the cost of a chaotic war. | Trump-
Bitcoin breaking above key resistance is reflecting broad risk-on sentiment that tends to compress VIX. Bitcoin is trading at 80746 down half a percent over the past 24 hours. In the Asian market the Trump-Xi summit is shaping up as a geopolitical minefield with the five Ts of tariffs trade Taiwan tech and Tehran all now tightly linked as bargaining chips in a reset of US-China relations. In the Asian market Kuwait has accused Iran of sending a quasi-military team to attack an island crucial to a China-funded port project escalating tensions in the Persian Gulf and putting the area on the brink of war. Crude oil prices remain elevated on those US-Iran tensions and that is weighing on sentiment with India's Sensex tumbling nearly 2 percent. SPX is trading at 7412.84 while the VIX sits at 18.76 up over 2 percent from the previous close. This overnight volatility often signals a sharper move for tomorrow's US open something VIX traders will be watching closely. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.