ASX set to fall as AI stocks, Middle East tensions weigh on Wall Street
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Source: The Age
Published: 2026-06-11 05:22 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Trade & Sanctions, Business & Economy
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Snippet:
Wall Street is sharply lower in late trade with AI stocks again weighing on the market while escalating tensions in the Middle East are casting doubt on when United States and Iran can reach a deal to reopen the Strait of Hormuz to oil tankers.
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