Australia Shares Shaping for a Strong Open -- Market Talk

Dow Jones
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2214 GMT [Dow Jones]--Australia's S&P/ASX 200 looks set for a strong open after the Dow Jones Industrial Average made its biggest intraday comeback since April. ASX futures are up by 0.8% after the DJIA rallied from a 1.3% deficit amid U.S.-China trade worries and finished 0.4% higher. U.S. investors were buoyed by comments from Fed Chair Jerome Powell seen as indicating more interest-rate cuts are on the way. The S&P 500 slipped 0.2% and the Nasdaq Composite gave up 0.8%. Australia's benchmark index is coming off a 0.2% rise marked by its own intraday turnaround. Ahead of the open, Bank of Queensland reported a 12% rise in annual cash earnings and raised its dividend. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

October 14, 2025 18:15 ET (22:15 GMT)

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