ASX to rise; SGH confirms tilt at BlueScope with US giant

The Australian sharemarket is to track a rally on Wall Street that was paced by the Dow Jones hitting an all time record and a jump in energy stocks after a US military strike that captured Venezuelan President Nicolas Maduro.

Futures indicated that the S&P/ASX 200 Index is set to open up 30 points or 0.3 per cent to 8746 at the start of trade. That comes after overnight on Wall Street, the benchmark US S&P 500 energy index rose to its highest since March 2025, with heavyweights Exxon Mobil and Chevron both surging.

Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-rallies-nvidia-s-jensen-awaited-20260106-p5nrve