Live: Wall Street rebounds after semiconductor rout, OpenAI files to list

live Live: Wall Street rebounds after semiconductor rout, OpenAI files to list Wall Street markets have rebounded after yesterday's semiconductor rout, while artificial intelligence giant OpenAI has filed to become a public company. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. Live updates Tue 9 Jun 2026 at 7:43am Market snapshot ASX 200 futures: +0.3% to 8,533 points Australian dollar: Flat at 70.45 US cents Dow Jones: -0.2% to 50,786 points S&P 500: +0.3% to 7,405 points Nasdaq: +0.9% to 25,929 points FTSE: +0.1% to 10,373 points EuroStoxx: -0.2% to 621 points Spot gold: Flat to $US4,328/ounce Brent crude: -1% to $US94/barrel Iron ore: -1.7% to $US102.00/tonne Bitcoin: +0.7% to $US63,729 Prices current around 7:45am AEDT. Live updates on the major ASX indices: New: Filters Choose what information you see below by using filters Tue 9 Jun 2026 at 8:21am Oil prices settle $1 higher after Iran and Israel say they have halted attacks Oil prices settled $1 higher after rising more than 5% earlier in the session on Monday as Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump. Arathy Somasekhar of Reuters has this summary of all of the movements overnight. - Israeli strikes on Iran followed strikes on Beirut on Sunday - Iran on Sunday retaliated with missile attacks on Israel - Iran plans to collect Hormuz transit fees, ambassador quoted as saying - Analysts say impact of OPEC+ output hike agreement is limited Tehran, however, said it would resume strikes if Israel continued to hit Hezbollah in Lebanon. Brent crude futures closed $US1.16, or 1.3%, higher at $94.25 a barrel, while U.S. West Texas Intermediate crude futures were up 76 cents, or 0.8%, at $91.30. Brent has risen around 31% since the eve of the conflict just over 100 days ago, while WTI has risen around 37%. Brent in April touched a peak above $126 a barrel. Prices gained more than 5% earlier on Monday after renewed Israeli strikes on Iran and attacks on Lebanon had reduced hopes of an imminent end to the wider war. Israel hit a petrochemical plant in southwestern Iran that it said was used to produce ballistic missiles, and Iran's Islamic Revolutionary Guard Corps said the country retaliated with a strike aimed at a similar Israeli facility in the city of Haifa. The exchange followed Israeli strikes on strongholds of Iran-backed Hezbollah in Beirut over the weekend. Tehran has repeatedly said any deal with Washington to end the conflict must include a halt to Israel's campaign in Lebanon. "Crude futures are trading higher this morning in a nervous trade as Iran and Israel traded missile attacks over the weekend," said Dennis Kissler, senior vice president of trading at BOK Financial. Trump demands halt Trump on Monday demanded that Israel and Iran "immediately stop 'shooting.'" Because of the strikes, investors were concerned that flows through the Strait of Hormuz might remain restricted for longer, UBS analyst Giovanni Staunovo said. Roughly a fifth of the world’s daily supply of oil and liquefied natural gas passed through the Strait of Hormuz off Iran before U.S.-Israeli airstrikes at the end of February unleashed the latest escalation of the Middle Eastern conflict. On Monday, Iran’s ambassador to Moscow was quoted as saying that the strait would be open but under conditions to be set by Iran and Oman, including a transit fee. The commander of Iran's Revolutionary Guards' Quds Force, Esmail Qaani, said a new security belt will be established from the Strait of Hormuz to the Bab El-Mandeb Strait, off Yemen, and from the Gulf to the Red Sea, according to comments carried by state media. "For markets, the best near-term outcome remains a 'skinny' deal that decouples Strait disruption and active strikes from the underlying sources of disagreement, buying time without resolving them," said Erik Meyersson with SEB Research. Yemen's Iran-aligned Houthis said on Monday they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. Key Event Tue 9 Jun 2026 at 8:13am OpenAI files for US IPO after Anthropic ChatGPT-maker OpenAI confidentially filed for a US initial public offering on Monday (US time), joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. OpenAI did not disclose the size or terms of the offering, and said a timeline had not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private company," it said in a statement. Reuters had reported that the AI giant was targeting a valuation of up to $US1 trillion ($1.4 trillion) in a stock market debut that could come as early as September. At that valuation, OpenAI would set the stage for a trio of trillion-dollar valuation companies debuting rapidly and is seen as the most consequential test of investor appetite for high-growth technology stocks in the recent decade. Elon Musk's SpaceX was the first off the block, filing for an IPO that would rank as the largest in history if completed, with the company pursuing a $US75 billion offering at a $US1.75 trillion valuation. On prediction markets, where traders wager on the outcome of future events, most participants had expected OpenAI to file for an IPO before Anthropic. Reuters Tue 9 Jun 2026 at 7:44am Wait, is that even a start? Can we have started the business blog without a GIF of a mascot falling over? I think not. LoadingKey Event Tue 9 Jun 2026 at 7:39am Let's get going Hello, I'm Daniel Ziffer from the ABC business team and I'll be taking you through the morning on our business, finance and economics blog. Overnight, Wall Street indices were mixed. The blue-chip Dow Jones of 30 mega-companies like Boeing and Visa was -0.2% to 50,786 points. The broader S&P 500 that covers 500 of the largest listed companies in the US +0.3% to 7,405 points. The tech-heavy Nasdaq was +0.9% to 25,929 points, after falling more than -4% in trading yesterday. These numbers are live, and trading is continuing. We'll update you when there’s a firm closing price. Our market is set to lift, with the ASX 200 futures index tipping a rise of +0.3% of 23 points to 8,533 points. There's lots to get to, all of it news, analysis and information and none of it financial advice. Let's get started!