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Markets21h 38m ago

Australian shares are set to open higher despite US stocks closing lower on Friday, as a sharp sell-off in chipmakers pushed the broader market down.

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Australia, United States

Who
Wall Street investors
What
Australian shares are set to open higher despite US stocks closing lower on Friday, as a sharp sell-off in chipmakers pushed the broader market down.
When
Sun, 19 Jul 2026 22:16:17 GMT · 21h 38m ago
Where
Australia, United States ·
Why
A sharp sell-off in chipmakers on Wall Street negatively impacted US stocks, but did not prevent Australian shares from opening higher.
The Frontline Impact

How this affects you

The Australian sharemarket is expected to open higher, indicating a divergence in market performance between Australia and the United States, influenced by sector-specific sell-offs in the US.

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