Brisbane Times · general
ASX to edge lower after Wall Street gains; oil prices rise
2 hours ago
The Australian sharemarket is set to open slightly lower on Friday following Wall Street's gains. Futures indicate an 8-point drop in the S&P/ASX200 after Wall Street finished with a 0.6 percent gain. Oil prices remain elevated amid ongoing uncertainty regarding the Strait of Hormuz, with U.S. crude settling at $97.87 per barrel.
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