Aussie Markets Dip as Wall St Climbs, Oil Surges
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australian markets brace for a slight dip as S&P/ASX 200 futures fall eight points, following Wall Streets overnight gains. Oil surges on Middle East ceasefire optimism, while US benchmark crude jumps three point seven percent. Aussie shares edge up, dollar at seventy US cents eighty. Wall Street resilient near record highs despite mixed US data, with Constellation Brands soaring on solid earnings and Simply Good Foods plummeting on weak sales. Inflation ticks hotter, unemployment claims rise, but Treasury yields hold steady. Expect market volatility as ceasefire risks and oil hoarding loom.
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