Australia Stock Futures Pointing to Early Advance -- Market Talk

Dow Jones03-25 05:31

2131 GMT - Australian stock futures are pointing to an opening advance despite a soft lead from U.S. equities and a rebound in oil prices. ASX futures are up by 0.6% ahead of Wednesday's session, suggesting that the S&P/ASX 200 will add to Tuesday's 0.2% rise. The benchmark index faded after rising by as much as 1.7% in early trade, but still snapped a three-day losing streak that had pushed it to a 10-month low. Ahead of the open, Rio Tinto said it had reached a A$2 billion deal with lawmakers to keep open its Boyne aluminum smelter in eastern Australia. In the U.S., the DJIA lost 0.2%, the S&P 500 slipped 0.4%, and the Nasdaq Composite gave up 0.8%. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 17:31 ET (21:31 GMT)

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