Overview

Australian shares are set to edge higher at the open, tracking modest gains in the Dow Industrial Average amid optimism over the US-Iran peace talks which helped push oil lower.

However, SpaceX tumbled as did Alphabet and tech losses dragged on both the S&P 500 and Nasdaq Composite.

Source: https://www.afr.com/markets/equity-markets/asx-to-rise-spacex-tumbles-more-than-10pc-20260623-p6095b