Brisbane Times
·general
·2 hours ago
ASX set to slide, Wall Street advances; Oil climbs
US stock markets advanced on Wednesday, with the S&P 500 rising 0.8 percent and GE Vernova's shares jumping 12.4 percent following strong earnings. Meanwhile, the Australian sharemarket is expected to decline by 0.4 percent amid ongoing concerns over rising oil prices linked to the war with Iran, which has disrupted oil traffic in the Strait of Hormuz.
Summary by Glance · Brisbane Times
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