ASX set to rise, Wall Street advances after inflation data; IBM plunges
The ASX is set to rise 49 points after U.S. inflation data showed a 3.5 percent increase, less than expected. Wall Street's S&P 500 gained 0.4 percent, led by strong performances from tech stocks like Micron Technology and Nvidia. IBM plunged 24.5 percent, marking its potential worst day since 1972 amid disappointing business performance.
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Published 14 Jul 2026, 19:15 UTC · Updated 14 Jul 2026, 19:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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