ASX 200 Live Today - Friday, 9th October
The ASX 200 is set to rise as the Dow eked out a gain and the Nasdaq dipped on a soft OpenAI revenue report. Here are today's top stories.
Welcome to our live ASX coverage for Friday, October 9. Expect a high volume of posts pre-market and more periodic updates throughout the day. We'll be wrapping the blog up around 2:00 pm AEST. Let us know how we can make it even better.
Good morning!
[8:29 am] ASX 200 futures are up 19 pts (+0.21%). Here's what happened overnight:
Wall Street mixed as a report that OpenAI's revenue run rate is far smaller than signalled hit chipmakers and revived AI spending doubts
Micron (-4.7%), Broadcom (-4.3%), SpaceX (-4.1%), AMD (-3.9%), Nvidia (-2.9%)
S&P 500 (0.47%) but Equal-weight S&P 500 (+0.60%)
Nasdaq (-1.25%), Dow (+0.10%) and Russell 2000 (+0.03%)
Oil whipsawed after reports of pre-midterm strike planning, then pared gains when Trump ruled out attacking Iran before 3 November
Fed hawks doubled down with Waller and Musalem flagging more hikes, though Treasury yields eased from 2002 highs after a solid 30-year auction
