ASX set to rise as Aussie dollar hits three-month low
Australian shares are expected to climb after Wall Street ended higher, despite investors shifting away from high-profile AI stocks into other sectors. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Australian shares are expected to rise at the opening bell today as Wall Street finishes the trading session higher despite a sell-off in technology and AI stocks. The Australian dollar has dropped as much as 1.1% to its lowest level since early July following weaker-than-expected jobs data, but has since recovered some of its losses.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
