SMH
·australia
·2 hours ago
ASX to fall amid AI jitters, oil drops
Australian shares are set to fall 0.4 percent at the opening bell on Monday after last week's rally fueled by strong gold miner gains. As the Australian dollar trades at 69.38 US cents, investor caution grows amid ongoing AI valuation concerns and recent outflows of $17.2 billion from US stock funds, the fastest pace since March.
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Published 05 Jul 2026, 20:23 UTC · Updated 05 Jul 2026, 20:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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