Brisbane Times ·general ·3 hours ago

Australian sharemarket opens lower as AI stocks and oil prices rise

The Australian sharemarket is set to open lower amid falling AI stocks and rising oil prices, with futures indicating a decline of 33 points. The S&P 500 dropped 0.6 percent, led by Nvidia's 2.5 percent decline. The UAE will exit OPEC on May 1, further impacting global oil supplies and prices.

Summary by Glance · Brisbane Times

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