Live: ASX to edge lower after mixed results on Wall Street

The Australian share market, the ASX 200, has reached a new record high, closing at 9,271 points following two days of consecutive record highs. This surge is driven by strong performance in the mining sector, particularly gold and copper prices. AMP, a major player in the market, climbed 57% after unveiling impressive half-year results and announced a $150 million share buyback.

Other notable gainers included Rio Tinto, Fortescue, and BHP, all benefiting from rising iron ore and copper prices. The Hang Seng and Nikkei, two major Asian stock indices, saw declines of over 1.5%, while South Korea's KOSPI fell more than 4%. Amidst geopolitical tensions, US President Donald Trump claimed success in negotiations with Iran, contributing to optimism in global markets. However, Wall Street's debt-driven spending raises concerns for investors' superannuation balances.