Australian shares are set to open higher though futures pared earlier gains as the rally that took the S&P 500 and Nasdaq Composite to new intraday highs faded in the final hour of the session. Bitcoin briefly fell below $US117,000.
The S&P 500 peaked at 6336.08; it ended the day up 0.1 per cent to 6305.60. That’s the first time it has closed above 6300. Energy shares fell. The Nasdaq held more of its advance, finishing up 0.4 per cent and bolstered by Alphabet, Amazon, Meta and Apple.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-records-reset-20250722-p5mgqb