Wall Street edged near its record after several AI stocks reported better growth than analysts expected, while a report showed inflation across the United States was slightly less bad last month.

The Australian sharemarket edged higher as energy stocks rallied due the latest jump in oil prices, as investors awaited the Reserve Bank’s decision on interest rates.

The local market’s wobbles come after Wall Street slipped further from its records overnight, with oil prices swinging on uncertainty about when the war with Iran will allow crude…