Overview

Australian shares are set to open lower as Wall Street quietened after a day of records. The S&P 500 and the Nasdaq were muted amid choppy trading but still inched higher to new records after oil prices fell, easing pressure on households and businesses worldwide.

Source: https://www.afr.com/markets/equity-markets/asx-to-open-higher-oil-suffers-second-big-fall-20260528-p601e8