Australia’s share market is expected to open higher on Thursday, buoyed by global sentiment despite mixed results on Wall Street overnight.
One of the biggest international headlines came from Elon Musk’s SpaceX, which reportedly saw $1 trillion erased from its share price, rattling tech‑sector confidence and prompting fresh debate about private‑market valuations.
Meanwhile, oil prices continue to climb, sitting at around $US85 a barrel, adding pressure to inflation forecasts and energy‑sector costs.
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