Live: ASX set to rise after Dow record

live Markets live: ASX set to rise, Dow hits record as US jobs data dims prospect of rate hike The ASX is poised to open higher after softer US jobs data eased worries that the Federal Reserve will hike interest rates any time soon. The Dow hit a record high, climbing 1.1 per cent. However, the Nasdaq slipped, as semiconductor stocks came under selling pressure. 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. Submit a comment or question Live updates Fri 3 Jul 2026 at 7:37am Market snapshot - ASX 200 futures: +0.5% at 8754 - Australian dollar: steady at 69.2 US cents - Wall Street: Dow Jones (+1.1%), S&P 500 (steady), Nasdaq (-0.79%) - Europe: FTSE (+1.7%), Stoxx 600 (+1.4%) - Spot gold: +1.3% to $US4,135/ounce - Oil (Brent crude): steady at $US71.59/barrel - Iron ore: +0.9% to $US98.5/tonne - Bitcoin: -0.09% to $US61,459 Prices current around 7.30AM AEST New: Filters Choose what information you see below by using filters Fri 3 Jul 2026 at 6:55am ASX poised to rise, Wall Street mixed Good morning and welcome to another day on the ABC's business and finance blog. Lin here to take you through the morning business news. Hope you have had a lovely week. The ASX is set to rise this morning with futures pointing to a 0.5 per cent gain to 8754. Overnight, signs of a cooling US labour market helped lift many stocks on Wall Street, as investors grew more confident I suppose that the Federal Reserve is more likely to hold interest rates steady (rather than raise interest rates). The Dow hit all-time highs but semiconductor stocks came under pretty heavy selling pressure. - S&P 500 basically flat, falling 0.06% - Dow Jones rose 1.1% - Nasdaq Composite fell 0.87% In the meantime, grab a coffee, tea and some breaky. I’ll have more updates for you very soon. Loading