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ASX to fall; Nasdaq rallies; Anthropic IPO oversubscribed

Published by Australian Financial Review · Australia 8 h ago
ASX to fall; Nasdaq rallies; Anthropic IPO oversubscribed
Australian Financial Review

Detailed summary

Better than expected earnings from CoreWeave and an oversubscribed Anthropic IPO boosted investor confidence. The Nasdaq was up by 2.1 per cent in midday trading, propelled by an…

Australian shares are set to fall on Thursday, after US tech stocks rallied on bets that the artificial intelligence trade has more room to run, despite last week’s selloff.

S&P/ASX 200 futures were down 67 points, or 0.7 per cent, to 9126 near 4am (AEDT).

Oil rose after a two-day decline, as traders weighed mixed signals on the prospects for a conclusion to the Iran war.

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