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Lunch Wrap: ASX catches a breather from the Iran chaos as DigiCo goes ballistic

Summary by Stockhead
ASX rallies as oil cools and war fears ease DigiCo rockets on $1bn Chicago deal JB Hi-Fi gets squeezed by the AI boom   The S&P/ASX 200 jumped roughly 1% by lunch as investors latched onto signs the US might be stepping back from a broader war with Iran. Overnight on Wall Street, the Dow and the S&P 500 rose almost 1%,  and the Nasdaq hit fresh record highs again. The rally came after US officials basically told markets: relax, the offensive pha…
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Stockhead broke the news on Wednesday, May 6, 2026.
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