The Age
·general
·3 hours ago
Global stocks surge on US-Iran ceasefire, ASX set to drop 1.5 percent
Global stock markets surged following a US-Iran ceasefire agreement, with the S&P 500 rising 1.9 percent. The Australian sharemarket, however, is expected to drop 1.5 percent at the open, amid ongoing concerns over interest rates and inflation pressures. SpaceX shares climbed 14.2 percent, reflecting strong investor demand for AI-related stocks.
Summary by Glance · The Age
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