Live: ASX headed for cautious start, Wall Street jumps as AI-related stocks rebound

live Markets live: ASX headed for cautious start, Wall Street jumps as Google and AI-related stocks rebound The Australian share market is likely to start its day relatively flat despite a rebound in oil prices ahead of the next round of US-Iran peace talks. On Wall Street, the Dow Jones Industrial Average hit a record high after welcoming Google's parent Alphabet to the exclusive 30-stock index. Follow live. See how the trading day unfolds on our blog. Disclaimer: this blog is not intended as investment advice. Submit a comment or question Live updates Tue 30 Jun 2026 at 7:48am Market snapshot - ASX futures: flat at 8,824 points - ASX 200: +0.7% to 8,823 points - Australian dollar: -0.2% at 68.86 US cents - Wall Street: Dow Jones (-0.6%), S&P 500 (-1.2%), Nasdaq Composite (-2.1%) - Europe: DAX (-0.2%), FTSE (-0.2%), Stoxx 600 (flat) - Spot gold: -1.8% to $US4,016/ounce - Oil: Brent futures (+1.1% at $US72.78/barrel), WTI futures (+1.8% to $US70.48/barrel) - Iron ore: flat at $US100.25/tonne - Bitcoin: +1.1% at $US60,232 Prices current around 7:30am AEST New: Filters Choose what information you see below by using filters Key Event Tue 30 Jun 2026 at 8:12am Private health group Ramsay given special access to public hospital emergency patients Ramsay Health Care has been granted special access to a Queensland public emergency department (ED) under a scheme that gives the corporate behemoth priority to transfer privately insured patients to its nearby facilities. Under the trial, set to be rolled out nationally, a Ramsay-employed nurse placed in the ED at Sunshine Coast University Hospital facilitates the transfer of patients with private health insurance. However, consumer advocates are worried patients could feel pressured and want those concerns taken into account when evaluating the pilot program. Ramsay says it is coordinating with other hospitals around Australia to introduce similar nurse liaison roles. For more, here's the story by Alison Branley: Key Event Tue 30 Jun 2026 at 8:03am Are the wheels falling off the AI investment boom? Australia's big superannuation groups are set to unveil yet another year of solid, if not spectacular gains. But it's worth noting the returns have been driven by what many perceive as a rapidly inflating bubble centred around one key issue: AI spending. It's a boom driven by a mere handful of corporations that have embarked on a race for domination that not all will win. Along the way, their market valuations have been bloated beyond any reasonable level as international investment funds have poured into them. While it's possible the new technology will enhance productivity, it's equally possible that too much money has been spent chasing elusive gains. For more, here's the latest analysis from the ABC's chief business correspondent Ian Verrender: Key Event Tue 30 Jun 2026 at 7:57am Dow Jones hits new record high, after adding Google's parent company to index Wall Street's tech and AI stocks rebounded from last week's sell-off, driving the S&P 500 and Nasdaq Composite up by 1.2% and 2.1% respectively. The Dow Jones Industrial Average rose 0.6% to a new record high of 52,183 points. This was after Google's parent company Alphabet was added to the Dow for the first time, which sent its shares 5% higher. Essentially, the tech giant will experience higher demand as ETFs (exchange traded funds) and other investment funds that track the performance of the Dow index will have to buy its shares, which will boost its share price. There are only 30 stocks in the Dow index, which also includes stocks like Amazon, Apple, Microsoft, Nike, Disney, JP Morgan and McDonald's. So the admission of Alphabet means one company was kicked out of the index. And that company was American telco giant Verizon, which saw a meagre 2% increase to its share price over the past 12 months. Alphabet, on the other hand, jumped 98% over the past year, mainly driven to investors' insatiable demand shares of tech giants investing heavily in artificial intelligence infrastructure. The AI trade, arguably, is showing signs of excessive speculation, which my colleague Ian Verrender has written an insightful column about. I'll have more to say about that shortly! Key Event Tue 30 Jun 2026 at 7:49am ASX to open steady, oil prices jump ahead of US-Iran negotiations resuming Good morning, and welcome to the ABC's finance blog. I'll be guiding you through the latest market action for the next few hours. At this stage, it looks like the local share market will have a quiet start to its day and open relatively flat. The Australian dollar is still near a three-month low of 68.85 US cents. US and Iran peace talks move to Qatar It comes as the US and Iran agreed to cease hostilities and resume their longer-term peace talks — after both sides launched tit-for-tat strikes against each other on the weekend. US President Donald Trump has confirmed negotiators from both countries will next meet in Qatar's capital, Doha, on Tuesday (local time) for "technical talks". Ahead of that meeting, oil prices jumped again with Brent crude futures up 1.1% to $US72.78 per barrel. Still, that price is still close to pre-Iran war levels, which indicates traders are feeling incredibly optimistic — some would argue too optimistic. Essentially, they're pricing in a swift end to the war and oil and gas flows returning to normal soon — even though very few ships are passing through the Strait of Hormuz each day, major disagreements about the fate of Iran's nuclear program and significant damage to energy infrastructure of Iran's neighbouring Gulf countries. Anyway, you should grab a coffee, tea or whatever you normally have in the morning, and I'll have more updates for you shortly! [Image text:] ASX IMPELUS 0.000 0.0000.00 IMPERIAL PACIFIC 1.5100.0001.51 IMRICORMEDICAL 0.2950.3100.300 IMUGENE 0.22 0.2250.223 INCA MINERALS 0.04 0.0430.043 INCANNEXHEALTI0.3250.3300.330 INCENTIAPAY 0.0090.0130.000 INCITECPIVOT 3.7303.7403.735 INCOME ASSET M 0.1300.1500.1455 INDIANA RESOURC0.064 INDUSTRIN