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Live: ASX likely to open higher, AI-buying frenzy drives Dow to record high

ABC Australia · Jun 30, 2026, 10:04 PM

Key takeaways

  • US tech stocks with any kind of connection to AI surged overnight, boosting Wall Street's industrial index, the Dow Jones, to a new record high for a second straight day.
  • Disclaimer: this blog is not intended as investment advice.
  • Live updates Pinned Wed 1 Jul 2026 at 7:49am Wed 1 Jul 2026 at 7:49am

Why this matters: an international story with cross-border implications worth tracking.

The Australian share market is likely to have a cautious start to the new financial year, while an AI stock-led rally boosted the Dow Jones to a record high for a second straight day. Follow live.

Read full story on ABC Australia → More top stories
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