The ASX is set to open lower, with futures pointing to a 0.5 per cent decline. That is despite US shares rebounding after the previous session's sell-off, led by technology stocks. Meanwhile, Big 4 consulting firm KPMG is facing a public reckoning today, with a parliamentary hearing set to examine allegations it used confidential client information to secure new business. Follow the day's financial news and insights from our specialist business reporters on our live blog.Disclaimer: this blog is not intended as investment advice.PinnedKey EventFri 19 Jun 2026 at 7:39amFri 19 Jun 2026 at 7:39amMarket SnapshotBy Lin LinASX 200 Futures: -0.6% to 8,555 pointsAustralian dollar: +0.06% at 70.14 US centsWall Street: Nasdaq (+1.9%) to 26,517, Dow Jones (+0.14%) to 51,565, S&P 500 (+1.1%) to 7500Europe: FTSE 10,399 (-1.04%)Spot gold: -1.15% to $US4,208/ounceOil: -0.4% to $US79.20/barrelIron ore: steady at $US99.20/tonneBitcoin: -0.2% to $US62,909Prices current as at 7.30am AEST.Collapse all postsFilter PostsAll2Key Events1Market snapshot1Fri 19 Jun 2026 at 7:28amFri 19 Jun 2026 at 7:28amASX set to fall as Wall Street reboundsBy Lin LinGood morning, and welcome to the ABC’s daily business and finance blog.I'm Lin Lin, taking you through the news overnight and into the morning.Wall Street rebounded after yesterday's losses, with chip stocks leading the gains. The S&P 500 added 1.08%, Nasdaq Composite climbed 1.9% an the Dow Jones rose by 0.14%. Despite that, ASX futures are pointing to a weaker start, suggesting the local share market will open 0.5% lower this morning. Brent crude futures are holding below $US80 a barrel.Meanwhile, Elon Musk's SpaceX slipped for a second consecutive session after surging in its first few days of trading following last week's debut.Starting soon, my colleagues Jason and Emilia will be live blogging the Senate's grilling of KPMG's leadership.Grab your coffee or tea and settle in, we'll bring you the latest market moves and business news throughout the day.