ASX to rise, Wall St ends mostly lower

Australian shares are set to open modestly higher on Wednesday, following a renewed tech sell-off in New York and the threat of renewed fighting between the US and Iran after Tehran shot down an Apache helicopter near the coast of Oman.

President Donald Trump said the US “must” out of necessity respond. The attack helicopter’s two aviators were rescued earlier by a drone boat.

Source: https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-hit-as-spacex-trading-debut-awaited-20260610-p605cv