The Australian share market is set to rise, after mixed results on Wall Street. Elon Musk’s SpaceX sees its share price plunge.
Meanwhile, the price of oil continues to rise, sitting at about $US85 a barrel.
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.
Thu 16 Jul 2026 at 7:28am
Market snapshot
- ASX 200 Futures: +0.1% to 8,818 points
- Australian dollar: -0.01% to 70.05 US cents
- Wall Street: Dow Jones (+0.3%), S&P 500 (+0.4%), Nasdaq Composite (-0.3%)
- Europe: Stoxx 600 (+0.1%), FTSE (-0.1%), DAX (-0.6%)
- Spot gold: +0.1% at $US4,059/ounce
- Brent crude: +0.8% to $US85.43/barrel
- Iron ore: +0.4% to $US100.55/tonne
- Bitcoin: -0.1% to $US64,886
Prices current at around 7:25am AEST
