A rally on Wall Street is likely to send Australian stocks higher, while oil prices eased on the lessening of fears about the Israel-Gaza war disrupting supply from the region.
Disclaimer: thisOn Wall Street : Dow up 1.6 per cent, S&P 500 up 1.2 per cent, Nasdaq up 1.2 per cent.Spot gold: Down 0.5 per cent to $US1995.85 an ounceASX to edge up
Good morning and welcome to Tuesday's markets live blog, where we'll bring you the latest price action and news on the ASX and beyond.The Dow Jones index rose 1.6 per cent, the S&P 500 gained 1.2 per cent and the Nasdaq Composite up 1.2 per cent.At the same time, the Australian dollar was up 0.6 per cent to 63.74 US cents.
Oil prices settled more than 3 per cent lower, partly as fears eased about the Israel-Hamas war disrupting supply from the region.Israel's war plan in Gaza is shrouded in secrecy, but clues are starting to emerge. Here's what we know
Wall Street Rally Australian Stocks Oil Prices Israel-Gaza War Supply Disruption
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian sharemarket set to open stronger after Wall Street gainsThe Australian sharemarket is set to open stronger this morning, clawing back some of Monday’s losses after Wall Street gained overnight ahead of a week of key economic data that could see more big swings in financial markets. The Australian dollar also advanced.
Read more »
Australian sharemarket set to open stronger after Wall Street gainsThe Australian sharemarket is set to open stronger this morning, clawing back some of Monday’s losses after Wall Street gained overnight ahead of a week of key economic data that could see more big swings in financial markets. The Australian dollar also advanced.
Read more »
Australian Agriculture Minister Optimistic About Lifting China's Tariffs on Australian ProductsAgriculture Minister Murray Watt expresses confidence that China will lift further tariffs on Australian products, as Prime Minister Anthony Albanese prepares to visit Beijing. While China has agreed to review tariffs on Australian wines, efforts are ongoing to ease tensions and remove embargoes on other commodities such as lobster, beef, and sheep.
Read more »
ASX set for another large drop after Wall Street enters correction with Friday fall — live updatesThe ASX futures are pointing to a slide around 1 per cent, after Wall Street's benchmark index fell into correction territory on Friday. Follow the latest on our live markets blog.
Read more »
ASX Futures Point to 1% Slide Following Wall Street CorrectionThe ASX futures are indicating a potential 1% decline after Wall Street's benchmark index entered correction territory. Stay updated with the latest financial news and insights from our business reporters on our live blog.
Read more »