SMH
·australia
·2 hours ago
ASX to slip on open; Tech stocks rebound in US
Australian stocks are set to open lower on Tuesday, with futures indicating an 11-point drop. The S&P 500 rose 0.7 percent overnight, bolstered by a rebound in AI stocks like Broadcom, which gained 3.7 percent. Concerns remain about the sustainability of investments in AI technology amidst recent market volatility.
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Published 06 Jul 2026, 20:37 UTC · Updated 06 Jul 2026, 20:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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