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ASX Tipped Lower Despite Wall St Gains, AUD Flat, Oil Higher

U.S. tech gains and stronger profits helped extend Wall Street’s run, while inflation and oil-price worries kept pressure on futures.

Summary by ABC Australia
ASX futures are pointing to a slight decline to begin winter, with the Australian share market expected to open about 13 points lower. The weakness comes despite a solid finish on Wall Street on Friday, with the Dow Jones, S&P 500 and Nasdaq all ending higher. Follow our live business blog.

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Sydney Morning Herald broke the news in North Sydney, Australia on Sunday, May 31, 2026.
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