S&P 500 Futures Fall; Bitcoin Drops Below $90,000 — WSJ

S&P 500 Futures Fall; Bitcoin Drops Below $90,000 — WSJ

By Katy BarnatoInvestors remain on edge early Tuesday, with geopolitics in the spotlight. S&P 500 and Dow industrials futures are lower, Treasury prices are higher and cryptocurrencies are selling off.The U.S. won backing Monday for a United Nations resolution on the Ukraine war that doesn't blame Russia for it and calls for a swift end to the conflict. Russia's ruble strengthened against the dollar after President Trump signaled an economic deal could be part of a peace agreement.Meantime, Trump has said tariffs on Canada and Mexico are set to move forward next week.In recent trading:Stock futures slipped, with Nasdaq-100 contracts leading losses, after Monday's tech-led selloff.Treasury yields fell to around 4.34%, having settled Monday at 4.39%, this year's lowest end-of-day level.Bitcoin prices dropped below $90,000 as part of a broader selloff in cryptocurrencies.European aerospace and defense stocks rallied further on expectations of increased spending by governments in the region.Shares in Japanese trading houses jumped after Warren Buffett said Berkshire Hathaway's stakes in them would likely increase. Japan's Nikkei 225 fell 1.4%; markets there were shut Monday for a holiday.Chinese stocks extended Monday's declines. Hong Kong's Hang Seng fell 1.3%.Coming up:U.S. home-price indexes are slated for 0900 ET. A consumer-confidence readout is due an hour later.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

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