The Australian share market is likely to start its day relatively flat despite a rebound in oil prices ahead of the next round of US-Iran peace talks. On Wall Street, the Dow Jones Industrial Average hit a record high. Follow live.

The Australian sharemarket has opened in positive territory on reports the US and Iran backed away from a fresh escalation that had threatened the fragile ceasefire underpinning…

Most of the US stock market rose after oil prices eased back to where they were before the war with Iran, but drops for stocks swept up in the mania around AI kept the market in…