GLOBAL MARKETS - Stocks Skid, Bonds Rally as Tariff Clock Ticks Down

GLOBAL MARKET - SYDNEY. Asia stocks followed Wall Street futures lower on Monday as investors struggled to price in the risk of imminent U.S. tariffs with so little still known about what form or scope the levies will take.

S&P 500 futures fell 0.6% in early trade, extending Friday's rout, while Nasdaq futures lost 1.1%. Treasury yields also dropped further as funds sought any safe harbour, while gold reached another record peak.