Brisbane Times ·general ·2 hours ago

ASX set to rise, Wall Street rebounds as oil prices fall

US stocks rose Wednesday as oil prices fell, with the S&P 500 up 0.9 percent and approaching record highs. Brent crude dropped 3.7 percent to $110.19 after topping $115 Monday, easing inflation concerns. Australia's ASX is set to gain 0.6 percent at open, though it fell 0.2 percent Tuesday after the Reserve Bank raised rates to 4.35 percent.

Summary by Glance · Brisbane Times

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