By Alexander Osipovich
Stock futures inched higher, led by Nasdaq-100 contracts, early Tuesday, a day after a worldwide selloff in risky assets.
Bitcoin recovered some ground but held below $90,000. The crypto sector has skidded as investors dial back risk. Shares of companies that focus on acquiring digital tokens, such as Michael Saylor's Strategy, have struggled.
Japanese government bonds remained under pressure after hawkish comments from the country's central bank chief on Monday. The 30-year yield touched an intraday new record high, based on data going back to 2006. Yield gains could dampen Japanese demand for U.S. Treasurys and disrupt the carry trade, in which investors borrow cheaply in yen to make leveraged bets.
Elsewhere, South Korean shares rallied after the U.S. Commerce Department confirmed that levies on Korean vehicles would be cut to 15% from 25%. That will be retroactive to early November. Automakers Kia and Hyundai both rose more than 4%.
The U.S. and global economies are set to slow next year as higher tariffs take effect, the Organization for Economic Cooperation and Development said Tuesday.
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(END) Dow Jones Newswires
December 02, 2025 06:22 ET (11:22 GMT)
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