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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