ASX set to open lower, Wall Street hits new record, oil slips on Strait of Hormuz hope

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Source: ABC News
Published: 2026-05-04 06:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Financial Markets, World News, Business & Economy
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Snippet:
The ASX is priced for a marginal fall this morning, with the NAB due to post first-half results, weighed down by a $700 million impairment charge, and investors weighing up the likelihood of another RBA rate rise.
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