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Market Open: Another soft start tipped for ASX as oil heads towards US$100bbl
The Market Online· 2026-08-21 06:41
Join our daily newsletter At The Bell to receive exclusive market insights On Wall Street the increasing oil prices and rising treasury yields saw major indexes fall to two-week lows. The Dow Jones Industrial Average was down 1.31 per cent to close at 52,759, the S&P 500 dropped 66.82 points to finish at 7,642 and the Nasdaq slid one per cent to settle at 26,067. Brent crude reached its highest levels in almost a month with the US increasing economic pressure on Iran. Locally, the seasonally adjusted unempl ...