ASX Market Open: A weak performance on Wall Street keeps the Aussie bourse flat, as the world watches Iran | October 2, 2024

ASX News Market Summary
02 Oct 2024 09:15 (AEST)

The ASX200 is set to open fairly flat this morning, maybe just down a touch.

US markets closed lower overnight on economic data and after Iran’s fired missiles at Israel – increasing fears around the conflict in the Middle East. The Nasdaq dropped 1.5%, S&P 500 fell 0.9%, while the Dow dropped 0.4%.

Back home, CBA Group (ASX:CBA) will be one to watch after it’s made quite a few changes to its executive team including across risk and operations, and, Auric Mining (ASX:AWJ) has produced 6295 ounces of gold from its second milling campaign raking in $23.5 million.

On that, gold’s up another percent to USD$2661. Also in USD, iron ore’s at $108.25, brent crude’s up 4% at $74.55, while gas has turned down to $2.89.

One Aussie dollar is buying 68.8 US cents.


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