Updated May 28, 2026 – 5.09am, first published at 4.56amKey Posts8 mins ago — 5.09AMDimon says JPMorgan could spend up to $US20 billion on next acquisition21 mins ago — 4.56AMWelcome21 mins ago — 4.56AMBefore the Bell: ASX to open higherGo to latestPinned post – 4.56AMBefore the Bell: ASX to open higherNatasha RudraAustralian shares are set to open higher as Wall Street quieted down after a day of records. The S&P 500 and the Nasdaq were muted in choppy trading, as investors took a pause from the AI-led market rally.Banking stocks were down after a slide of almost 2.9 per cent for JPMorgan Chase after CEO Jamie Dimon warned that expenses this year could be $US1 billion higher than estimated.Still, indexes traded near record highs. The Dow Jones nudged higher, lifted by a rotation into healthcare and consumer stocks. However, a pullback in chip stocks weighed on the tech-heavy Nasdaq.“After such a large run-up in the markets, it’s not surprising to me that there is a little bit of a pause,” said Sean Clark, chief investment officer of Clark Capital Management Group.“There’s a lot of positives to look at right now. Even though the outperformers are really being driven by tech, AI and AI adjacent themes, I wouldn’t discount the fact that the broad market is participating as well.”Market highlightsASX 200 futures are pointing up 59 points or +0.7 per cent to 8717All US prices near 2pm New York time.AUD -0.4% to 71.35 US¢Bitcoin -1.5% to $US74,684.00On Wall St: Dow -2.2% S&P -0.1% Nasdaq -0.4%VIX down 0.26 to 16.75Gold -1.2% to $US4451.96 an ounceBrent oil -4.5% to $US95.05 a barrelIron ore flat to $US105 a tonne10-year yield: US 4.48% Australia 4.85%Today’s agendaUS GDP figures are out today.Top storiesPwC whistleblower alleges firm ignored red flags at Corporate Travel | A law firm is now investigating claims by a PwC employee that the firm’s auditors turned a blind eye to billing irregularities and failed to notify regulators.BHP, Fortescue warn China’s influence over iron ore will only grow| Executives at the commodities giants say that even the existing shift in power towards major steelmakers will not be enough to stop future “arm wrestles”.Fetching latest articles