ASX Set to Dip as Wall Street Meanders Near Record Highs

Australian shares are poised for a lower open while US markets finish mixed near historic highs and oil prices remain stable.

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources
ASX Set to Dip as Wall Street Meanders Near Record Highs

Australian shares are set to dip as global markets navigate quiet trading conditions. On Wall Street, stocks meandered to a mixed finish after a muted session. Despite the lack of strong momentum, US equity indexes remained close to their record highs.[1][2]

In commodity trading, oil prices held steady throughout the market session. Meanwhile, SpaceX shares tumbled, contrasting with the broader Wall Street benchmarks that stayed positioned near all-time records.[1][2]

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