ASX Set to Open Lower Amid Rising Oil Prices and Geopolitical Uncertainty
The ASX is expected to open lower on Wednesday due to rising oil prices and stalled US–Iran ceasefire talks, which have increased market caution. Global markets, including Wall Street, also declined as investors reacted to geopolitical tensions and higher yields. The S&P 500, Dow Jones, and Nasdaq all fell around 0.6% overnight.
Topics: ASX geopolitical tensions global markets oil prices S&P 500 US-Iran ceasefire