ASX set to rise, Wall Street mixed; Oil prices swing
Oil prices experienced significant fluctuations, causing instability in global stock markets. The S&P 500 and Nasdaq composite faced losses, while the Dow Jones saw a slight gain. The Australian sharemarket is anticipated to rise following a recent slump.
- ▪Oil prices swung after a scare where prices popped and then moderated.
- ▪The S&P 500 was down 0.3 percent after flipping between modest gains and losses.
- ▪The Australian sharemarket is set to rise, with futures pointing to a gain of 41 points at the open.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.