SMH
·general
·7 hours ago
Oil price up, local shares to bounce back; US markets steady
Oil prices near $99 per barrel as Australia’s sharemarket is set to rise after U.S. stocks held steady despite ongoing conflicts. Wall Street's S&P 500 gained 0.5 percent and Dow Jones was up 32 points amid fears regarding the Strait of Hormuz blockade. Concerns linger over energy markets as investors await earnings reports from major banks.
Summary by Glance · SMH
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