Live: Wall Street mixed, Australian market set to lift awaiting inflation and jobs data

It was a mixed finish on Wall Street as major tech names ended in the red, with SpaceX down more than 16 per cent and Google off 5 per cent, and oil retreating.

The local share market could rise, as key inflation and employment data is awaited later this week.

Follow the day's financial news and insights from our specialist business reporters on our live blog.

Disclaimer: this blog is not intended as investment advice.

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Tue 23 Jun 2026 at 7:30am

Tue 23 Jun 2026 at 7:30am

Market snapshot

By Daniel Ziffer

ASX 200 futures: +0.2% to 8,831 points

Australian dollar: Flat at 70.00 US cents

Dow Jones: +0.3% to 51,712 points

S&P 500: -0.4% to 7,472 points

Nasdaq: +1.3% to 26,166 points

FTSE: +0.7% to 10,437 points

EuroStoxx: +0.6% to 639 points

Spot gold: +0.7% to $US4,190/ounce

Brent crude: -3.5% to $US77.95/barrel

Iron ore: -0.4% to $US101.40/tonne

Bitcoin: +1.5% to $US64,234

Prices current around 7:30am AEDT.

Live updates on the major ASX indices:

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Tue 23 Jun 2026 at 8:07am

Tue 23 Jun 2026 at 8:07am

Where is oil heading?

By Daniel Ziffer

The oil market looks to be pricing in an end to the Iran war, but Commonwealth Bank's sustainable and energy economist thinks there is trouble ahead.

Brent crude dropped 1.6%  late on Monday, reversing an initial 2% jump in early Asian trade, as the US and Iran ended high-level peace talks, paving the way for lower-level negotiations this week.

Both parties have agreed to create a "de-confliction cell" to address the ongoing fighting in Lebanon -- which is clearly a sticking point for negotiations.

John Oh thinks the market is underpricing oil. He thinks there is a lot of optimism in the market driving the price lower including the peace deal and large traffic flows through the Strait of Hormuz.

He says CBA is predicting Brent crude to fall to $US80 a barrel by the end of the year.

Key Event

Tue 23 Jun 2026 at 7:27am

Tue 23 Jun 2026 at 7:27am

Let's get started!

By Daniel Ziffer

Hello, I'm Daniel Ziffer from the ABC business team, and I'll be taking you through the morning on our business, finance and economics blog.

Overnight, Wall Street indices were mixed, mainly lower.

The blue-chip Dow Jones of 30 mega-companies, including Boeing and Visa, was +0.3% to 51,712 points.

The broader S&P 500, which covers 500 of the largest listed companies in the US, -0.4% to 7,472 points.

The tech-heavy Nasdaq was +1.3% to 26,166 points.

These numbers are live, and trading is continuing; we'll update you when there's a firm closing price.

Our market is set to lift, with the ASX 200 futures index tipping a rise of +0.2% or 21 points to 8,831 points.

There's lots to get to, all of it news, analysis and information and none of it financial advice.

Let's get started!