Wall Street gains, oil retreats; ASX set to rise

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Wall Street mostly rose on strong corporate earnings from Equifax, Hasbro and 3M, while oil prices fell from near-war highs, and Australian futures pointed to a higher open. The S&P 500 gained 0.3 per cent and the Dow rose 1 per cent, though tech losses weighed on the Nasdaq. Brent crude fell 0.8 per cent to $US108.70 after approaching its highest level since the Iran war began. SpaceX reported a 161 per cent revenue jump, while AI startup Anthropic posted a large net loss. Salesforce agreed to buy Braze for $US47.50 per share, and General Motors sank despite beating profit estimates.


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Wall Street gains, oil retreats; ASX set to rise | News Minimalist