Australia Shares to Open Higher After Rally on Wall Street -- Market Talk

Dow Jones

01/27

2204 GMT - Australia's S&P/ASX 200 is poised to open higher after a long weekend, fueled by gains on Wall Street and in precious-metal prices. ASX futures are up by 0.4%, signaling the benchmark index will build on two consecutive gains at the end of last week. In U.S. markets, the three major benchmarks rose on the day, led by the Dow Jones Industrial Average, while gold settled at a new record high after topping $5,000/oz for the first time. Ahead of the open, Alkane Resources reported record 2Q gold output and reiterated FY guidance. Coal producer Stanmore cautioned on a challenging start to 2026 due to weather-related disruptions. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

January 26, 2026 17:04 ET (22:04 GMT)

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