Investors are piling back into Australian technology stocks as the market calls time on the SaaSpocalypse that erased billions of dollars earlier in the year.

Australia’s sharemarket finished flat on Monday as investors weighed fresh tensions in the Middle East against a strong rebound in technology stocks.

Australian shares are set for a modest opening advance; first-quarter GDP awaited; bitcoin plunges below $US68,000, Marvell Tech surges. Follow live.

Investors are piling back into Australian technology stocks as the market calls time on the SaaSpocalypse that erased billions of dollars earlier in the year.

Local shares are set to open up; Broadcom plunges; Goldman bets on SpaceX revenue surge; Blackstone private credit fund caps redemptions. Follow live.

Most US stocks are rising as oil prices ease, but slumps for influential artificial-intelligence winners are keeping Wall Street in check.