AM 21 Jul 26: ASX set to fall following US weakness

The Australian share market is poised to open lower, tracking weakness on Wall Street as investors grapple with escalating tensions in the Middle East and concerns about China’s new AI capabilities. Oil prices rose following Donald Trump’s vow to avenge fallen US soldiers, while commodity markets delivered mixed signals. Plus, a closer look at how South Korea’s sharemarket has unravelled.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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