Live: ASX is set to surge after Wall Street rallies
The Australian share market is expected to rise significantly at the market open, following a positive performance on Wall Street. Oil prices have dropped over 5% amid ongoing uncertainties related to the Middle East conflict. Investors are also anticipating the release of Australia's April jobs figures later today.
- ▪ASX 200 Futures are up 1.4% to 8,646 points.
- ▪The Dow Jones increased by 1.3%, while the S&P 500 and Nasdaq rose by 1.1% and 1.7%, respectively.
- ▪Brent crude oil prices fell by 5.2% to $105.5 per barrel.
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liveASX is set to surge after Wall Street rallies, the price of oil drops, live updatesBy business reporter Adelaide MillerTopic:Stock MarketThu 21 May 2026 at 7:24amThu 21 May 2026 at 7:24amThu 21 May 2026 at 7:24amSkip to timelineabc.net.au/news/asx-markets-business-news-live-updates-thursday-21-may/106704422Link copiedShareShare articleThe Australian share market is set to surge at the market open, following a rally on Wall Street.Meanwhile, the price of oil has dropped more than 5 per cent as uncertainty around the war in the Middle East continues.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).