Oil Plunges on Iran Deal Hopes, Wall St Hits Record Highs

Oil plunges on Iran deal hopes, Wall St hits record highs

A tumbling oil price and rally in tech stocks such as Google-parent Alphabet on Wall Street has set the S&P/ASX 200 up for a positive opening today.

ASX 200 LIVE: ASX to jump as Wall St hits new highs; oil pares losses

Local shares are poised to rise more than 1pc; S&P 500, Nasdaq reset records; tech stocks pace rally; oil briefly plunges below $US100 a barrel. Follow live.

Peace hopes send ASX higher in early trade; Tabcorp tanks on AUSTRAC probe

The Australian sharemarket jumped in early trade after oil prices sank and stocks rallied worldwide on hopes that the US and Iran are nearing a deal to end their war.

ASX to open higher following gains on Wall Street, oil prices fall

Good morning, and welcome to the ABC's finance blog. I'll be guiding you through the latest market action for the next few hours. The S&P 500 and Nasdaq …

Positive Wall Street news and oil fall a potential boost for ASX 200

Hello, and welcome to HotCopper‘s Market Open for Wednesday, Week 19, I’m Colin Sandell-Hay The ASX 200 is tipped to potentially rebound on positive Wall Street news overnight and a 3.83% fall in Brent crude prices.  Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. ASX futures were up 38 points or 0.4% to 8719 after a 0.8% rise in the S&P 500…

Rise and Shine: Everything you need to know before the ASX opens

Good morning everyone and welcome to Rise and Shine on Wednesday, May 6, 2026. Here’s what you should know before the ASX opens today…   At 7am Sydney Wednesday , the S&P/ASX 200 futures were pointing higher by about 0.4%, suggesting a decent open. Here’s what actually went down overnight….   Wall Street rallies The Dow rose 0.7%, the S&P 500 climbed 0.8%, and the Nasdaq pushed up 0.8%, tagging fresh record highs again. STOCK INDICES Value Chan…