US futures, bitcoin fall and Asian markets are mixed after the Supreme Court nixes Trump's tariffs

Market Reactions - U.S. futures dropped following the Supreme Court's decision to strike down most of President Trump's tariffs, while Asian shares mostly increased, with Hong Kong's Hang Seng index rising 2.2% to 26,980.22 [1][2] - The S&P 500 rose 0.7% to 6,909.51, while the Dow Jones Industrial Average increased by 0.5% to 49,625.97, and the Nasdaq composite rose 0.9% to 22,886.07 before the court ruling [4][5] Tariff Policy Implications - The mixed market reactions highlight the "winners-and-losers effect" of the tariff policy changes, benefiting countries that previously had unfavorable trade deals [3] - Despite the Supreme Court ruling, Trump indicated intentions to impose a 10% global tariff, later increasing it to 15%, and is exploring other tariff avenues through Commerce Department investigations [6] Cryptocurrency Market - Bitcoin experienced a significant drop of up to 5%, falling below $65,000, and has lost nearly half its value since reaching a record high of $126,210.50 on October 6 [1]