Markets wobble on tariff uncertainty

U.S. stock futures and bitcoin fell as investors digested shifting tariff signals; gold rose on safe-haven demand.

Markets turned risk-off on Feb. 23 as tariff uncertainty returned to the forefront. U.S. stock futures fell (S&P 500 -0.8%, Nasdaq -1.0%), bitcoin slid to around $64,698 in Reuters trading (and traded near $65,146 in market data), gold rose about 1.1% , and oil eased.  Global markets opened the week under pressure after renewed uncertainty around U.S. tariffs sparked a risk-off move across equities, crypto and currencies. Stocks: futures retreat as policy signals shift Wall Street futures slipped in Asia, with S&P 500 futures down 0.8% and Nasdaq futures down 1.0% , according to Reuters, as investors assessed the latest developments in U.S. trade policy.  The fresh volatility follows a fast-changing tariff backdrop after the U.S. Supreme Court struck down a broad set of tariffs imposed under emergency powers, and President Donald Trump then pointed to a new temporary tariff framework. Reuters reported Trump said he would raise a temporary tariff rate to 15% from 10% , referencing Section 122 of the Trade Act.  Crypto: bitcoin slides below $65,000 Risk assets sold off in crypto as well. Reuters reported bitcoin down 4.3% to $64,698 . Separate market pricing showed bitcoin around $65,146 , down roughly 4.2% on the day, with an intraday low near $64,388 .  FX and safe havens: dollar weakens, gold rises The U.S. dollar weakened against major peers: Reuters noted the dollar was down 0.4% vs the yen (to 154.40) and down 0.5% vs the Swiss franc (to 0.7724), while the euro rose to $1.1821 .  In commodities, gold gained a safe-haven bid , up about 1.1% (around $5,159/oz in Reuters market wrap). A separate Reuters metals report also described gold reaching its highest level since Jan. 30, supported by tariff-driven uncertainty and a softer dollar.  Oil: prices ease as markets watch geopolitics Oil was lower in early trading, with Reuters showing Brent down 1.3% to $70.84 and U.S. crude down 1.3% to $65.61 , as investors weighed geopolitic