The Australian share market is set to open higher in morning trading as Wall Street closes down.Elon Musk's Tesla has seen its shares plunge on negative cash flow reporting.Meanwhile, oil is trading near $US94 a barrel as the war in the Middle East continues.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 23 Jul 2026 at 7:25amThu 23 Jul 2026 at 7:25amMarket snapshotBy Adelaide Miller ASX 200 Futures: +0.8% to 8,839 points Australian dollar: -0.04% to 69.93 US centsWall Street: Dow Jones (-0.01%), S&P 500 (-0.1%), Nasdaq Composite (-0.5%)Europe: FTSE (+1.2%), Stoxx 600 (+0.6%), DAX (+0.6%)Spot gold: +1.3% to $US4,129/ounceOil (Brent futures): +4.1% to $US94.66/barrelIron ore: -0.8% to $US97.60/tonneBitcoin: -0.02% to $US65,871Prices current at around 7:20am AESTCollapse all postsFilter PostsAll3Key Events3Market snapshot1Housing1Key EventThu 23 Jul 2026 at 7:55amThu 23 Jul 2026 at 7:55amAustralia's property market enters downturn as prices fall for first time in three yearsBy Adelaide MillerAustralia's housing market has gone into reverse with house and unit prices falling for the first time in more than three years.The downturn is most evident in unit prices, with all capital cities recording a fall except for Darwin.Despite declining prices, economists say it is unlikely to be a catalyst for a correction or crash in the property market.Here is the full report from business reporter Kate Ainsworth:Key EventThu 23 Jul 2026 at 7:40amThu 23 Jul 2026 at 7:40amASX to open in the greenBy Adelaide MillerGood morning everyone and happy Thursday!Adelaide Miller here to guide you through the morning of everything business, finance and economics.To start with, the ASX is set to open higher, with Futures pointing up +0.8% to 8,839 points.That's as Wall Street has closed in the red — I'll provide a breakdown shortly.On the agenda today is the latest jobs figures, with the June report set to be released at 11:30am AEST.Last month, we saw May's unemployment rate ease slightly in seasonally adjusted terms, slipping from 4.5% to 4.4%.But in trend terms, the rate picked up a little, recording its highest level in four years.But for now, grab yourself a coffee and see you back here soon!