SMH
·australia
·2 hours ago
Hormuz attacks, AI stock falls set to weigh on the ASX
Tensions in the Strait of Hormuz and concerns over AI stock valuations are expected to negatively impact the Australian sharemarket opening. Futures indicate a 20-point fall in the S&P/ASX 200 index. The oil price rise and AI industry decline further heighten worries for investors amid ongoing economic uncertainties.
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Published 07 Jul 2026, 20:27 UTC · Updated 07 Jul 2026, 20:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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