The Aussie share market is set to open lower in morning trading, as Wall Street closes up in the red.Meanwhile, the price of oil has dropped.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 EventThu 2 Jul 2026 at 7:18amThu 2 Jul 2026 at 7:18amMarket snapshotBy Adelaide MillerASX 200 Futures: -0.2% to 8,693 points Australian dollar: +0.1% to 68.94 US centsWall Street: S&P500 -0.2%, Dow -0.03%, Nasdaq -1.5%Europe: FTSE -0.2%Spot gold: +0.6% to $US4,030/ounceOil: -2.5% to $US71.16/barrelIron ore: -1.1% to $US97.90/tonneBitcoin: +0.6% to $US60,426Prices current at around 7:15am AESTCollapse all postsFilter PostsAll6Key Events6Market snapshot1Energy1Key EventThu 2 Jul 2026 at 8:30amThu 2 Jul 2026 at 8:30amWall St closes in the redBy Adelaide MillerWall St has finished Wednesday trading, with each major index closing down.The S&P 500 finished the day down -0.2% to 7,483 points.The Financials sector led the way, followed by Consumer Cyclicals. The Utilities sector finished down the bottom.S&P 500 sector summary (LSEG)Of the major stocks, Applovin Corp, the AI-powered marketing company finished up +9.6%. S&P 500 top movers (LSEG)Materials science company Corning Inc finished down the bottom, down -13.6%.S&P 500 bottom movers (LSEG)The Dow Jones Industrial Average finished the day slightly down -0.03% to 52,304 points.Dow Jones sector summary (LSEG)Here are the top movers, with athletic footwear company Nike Inc finishing up +4.9%.Dow Jones top movers (LSEG)Here are the bottom movers, with mining and construction manufacturer Caterpillar Inc finishing down -6.9%.Dow Jones bottom movers (LSEG)The Nasdaq Composite finished the day down -1.5% to 29,809 points, with sector Basic Materials up the top, and the Energy sector down the bottom.Nasdaq sector summary (LSEG)Here are the top movers, again, with Applovin Corp leading the way.Nasdaq top movers (LSEG)And finally, here are the bottom movers, with AI infrastructure company Nebius Group NV down a massive -17%.Nasdaq bottom movers (LSEG)Key EventThu 2 Jul 2026 at 8:15amThu 2 Jul 2026 at 8:15amRecent years tougher for borrowers than enduring 17pc interest rates, analysis findsBy Adelaide MillerNew economic analysis has found that, over the past two years, Australian households have faced tougher conditions than they did when the RBA's cash rate reached 17.5 per cent in 1989.KPMG senior economist Terry Rawnsley says gen X households faced the toughest interest rate burden during the global financial crisis.Here is the full piece from business reporter Gareth Hutchens:Key EventThu 2 Jul 2026 at 8:00amThu 2 Jul 2026 at 8:00amTax week: Changes slated for your sharesBy Adelaide MillerDo you own shares or ETFs? The proposed CGT changes could affect your investments.In this podcast episode Carrington Clarke and Emily Stewart explain CGT tax changes in store for Australians who own EFTs and direct shares.Listen in to hear how the system used to work, how the new system is set up, and when the switchover will go into effect.This article contains content that is not available.Key EventThu 2 Jul 2026 at 7:45amThu 2 Jul 2026 at 7:45amICYMI: Wednesday Finance with Alan KohlerBy Adelaide MillerThe local share market fell yesterday, despite solid gains on Wall Street overnight.Alan Kohler has all the details.Key EventThu 2 Jul 2026 at 7:30amThu 2 Jul 2026 at 7:30amASX to open lowerBy Adelaide MillerGood morning everyone and happy Thursday!I hope it's a sunny morning wherever you are.Business reporter Adelaide Miller kicking off the finance blog this morning, covering the latest stories on the economy.To start with, the ASX looks like it will open lower this morning, with Futures pointing down -0.3% to 8687 points.The Aussie dollar is trading at about 69 US cents.I'll provide a detailed breakdown of Wall St soon as it closes in the red.But for now, grab yourself a coffee and see you back here soon!