SMH · general

ASX to edge lower after Wall Street gains; oil prices rise

2 hours ago

The Australian sharemarket is expected to open slightly lower on Friday after Wall Street gained 0.6 percent. Futures indicate an 8-point fall in the S&P/ASX200 following renewed ceasefire hopes in the Middle East. Oil prices increased, with U.S. crude rising 3.7 percent to settle at $97.87 per barrel amid ongoing supply uncertainties.

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Summary by Glance · Original reporting by SMH

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