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Live: Oil prices down almost 3pc as traders bet on Middle East peace

Brent crude has dropped almost 3 per cent overnight, while the ASX is set to trade up today. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.

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abc.net.au

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AI · summaries

smh.com.au2 mesi fa

ASX advances as mining, energy stocks jump; Bitcoin tumbles

HPE +19.5% and Marvell +32.5% on AI infrastructure demand surge; Bitcoin crashes 7% amid geopolitical pressure. Strong AI chip demand persists, but rising rates (10Y Treasury 4.45%) may curtail enterprise data center capex this quarter.

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abc.net.au2 mesi fa

Live: Oil prices rise on US-Iran uncertainty, ASX to open higher with AI stocks at record highs

Wall Street hit records on AI stock surge; S&P 500 +0.1%, Nasdaq players drove market sentiment higher. For tech leaders, enterprise AI spending proved resilient to US-Iran uncertainty, signaling confidence in AI infrastructure and generative AI rollouts.

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ASX advances as mining, energy stocks jump; Bitcoin tumbles

Live: Oil prices rise on US-Iran uncertainty, ASX to open higher with AI stocks at record highs

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ASX advances as mining, energy stocks jump; Bitcoin tumbles

Live: Oil prices rise on US-Iran uncertainty, ASX to open higher with AI stocks at record highs

Live: Oil prices down almost 3pc as traders bet on Middle East peace