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Live: ASX eyes gains as Wall Street rallies

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Cite

Lin, L., & Miller, A. (2026, September 17). Live: ASX eyes gains as Wall Street rallies. ABC News (AU). https://www.abc.net.au/news/2026-09-18/asx-markets-business-news-live-updates-wall-st-rebounds/107160122

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

ABC News (AU) · collected 2026-09-17 · by Lin Lin, Adelaide Miller

Quick Summary

The ASX is projected to open higher, gaining around 0.6% after Wall Street's positive performance following a previous sell-off. Technology stocks are leading the gains, coinciding with drops in oil prices and U.S. bond yields. Today, Reserve Bank of Australia Governor Michele Bullock and other officials will testify before a parliamentary committee regarding economic conditions and policy directions in Canberra.
Written by AI on 2026-09-18, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On Thursday, U.S. stock markets rallied sharply after the Federal Reserve raised interest rates for the first time in three years to combat rising inflation. The S&P 500 and Nasdaq surged by 1.2% and 1.6% respectively, while the Dow Jones Industrial Average climbed 450 points, or about 0.9%. Meanwhile, bond yields fell as oil prices dropped for a second consecutive day; U.S. crude briefly dipped below $100 per barrel for the first time since September 11. This drop in oil prices contributed to reduced economic concerns and alleviated pressure on stocks and bonds globally. Additionally, initial claims for unemployment benefits declined to their lowest level since July, further boosting market sentiment despite potential volatility due to a short holiday week.

Written for “Market Rally After Fed Hike” on 2026-11-02, grounded in this article and the 3 other(s) covering the same event.

Story

📰 Market Rally After Fed Hike
Economy/Business · 4 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
The Sydney Morning Herald
Hedges 5 of 38 claims Outlet record 61/100
The Sydney Morning Herald
Hedges 1 of 29 claims Outlet record 61/100
“The articles describe different market conditions on separate days: one forecasts gains for ASX after Wall Street's rebound, while the other predicts losses for ASX due to elevated bond yields and oil prices.”
The Sydney Morning Herald
Hedges 4 of 32 claims Outlet record 61/100
“The articles describe market conditions and predictions for different days, indicating distinct occurrences.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
11
sentences that state something as happening or true
Uncertain
0%
0 of 11 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
ABC News (AU)'s corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
4
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-18 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

ABC News (AU) · 4617 article(s) · 10 correction(s) detected
Running correction rate · 10 correction(s)

Who wrote this

Lin Lin
8 article(s) here · 1 carrying a prediction
🔮 ASX set to fall as US tech stocks tumble, oil hits five-month high The ASX is set to fall after US tech stocks tumbled, led by Meta, as its plans to ramp up AI spending fuelled doubts about whether the investment will pay off.
2026-10-22 · assertive framing · ASX to fall, US tech rout rattles markets
🔮 The $31.2 million purchase would give 360 Capital greater influence over the Marsden Park project.
2026-10-16 · assertive framing · Major lender in Bathla development sells debts
🔮 Avtar Singh, owner of a Thai restaurant in Hobart, said he was currently absorbing the cost of the surcharges but eventually would have to raise prices.
🔮 ASX set to rebound as US bond yields retreat from multi-decade highs, oil gains The ASX is set to open higher after Wall Street recovered from early losses.
2026-10-01 · assertive framing · Live: ASX to rise as US bond yields recede
🔮 Administrators of failed property developer Bathla have reduced staff down to a "skeleton" and will cease construction work after all but one lender decided not to continue propping up the company.
🔮 The ABC understands the company bank accounts had not been reconciled for some time and may contain about $736 million of overstated inter-company receivables and payables.
2026-09-18 · assertive framing · Bathla's books show company was $736m out
🔮 ASX tipped to gain as Wall St rebounds, oil and bond yields retreat The ASX is expected to open higher after Wall Street rebounded from Wednesday's sell-off.
2026-09-17 · assertive framing · Live: ASX eyes gains as Wall Street rallies
🔮 In short: Beleaguered property developer Bathla Group will survive for another two weeks after administrators secured a temporary lifeline.
Also by Lin Lin
ASX to fall, US tech rout rattles markets
2026-10-22 · ABC News (AU)
Live: ASX to rise as US bond yields recede
2026-10-01 · ABC News (AU)
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 8 articles by Lin Lin →
Adelaide Miller
14 article(s) here · 1 carrying a prediction
🔮 Savers with billions of dollars in Australian banks could be missing out on the benefit of rising cash interest rates as a result of onerous account conditions or because they have not opted for the right type of savings product.
🔮 The changes include the introduction of payday super, a ban on debit and credit surcharges, an increase to minimum and award wages, and reforms to how trusts will be taxed.
🔮 ASX set to fall as US tech stocks tumble, oil hits five-month high The ASX is set to fall after US tech stocks tumbled, led by Meta, as its plans to ramp up AI spending fuelled doubts about whether the investment will pay off.
2026-10-22 · assertive framing · ASX to fall, US tech rout rattles markets
🔮 live Live updates: ASX set to drop, Wall Street closes down as higher US inflation signals possible rate hike The Australian share market is set to open lower following losses on Wall Street.
🔮 ASX set to open higher after Wall St gains, bond yields rise
🔮 "Being able to absorb that cost would be detrimental to our business currently," she said.
🔮 The Australian share market is set to open slightly higher in morning trading ahead of the Reserve Bank's interest rate decision.
2026-09-28 · assertive framing · Live: ASX to edge higher as US bonds surge
🔮 It's the lesser-known side effect of the changes that begin on October 1 because banks' revenue will drop as they reduce the amount they charge businesses to bank with them.
🔮 ASX tipped to gain as Wall St rebounds, oil and bond yields retreat The ASX is expected to open higher after Wall Street rebounded from Wednesday's sell-off.
2026-09-17 · assertive framing · Live: ASX eyes gains as Wall Street rallies
🔮 "For example, you may have already paid the debt …
2026-09-16 · assertive framing · Tips for consumers hit with a debt collection notice
Also by Adelaide Miller
ASX to fall, US tech rout rattles markets
2026-10-22 · ABC News (AU)
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 14 articles by Adelaide Miller →

Topics

ABC Australian Canberra Dow Jones RBA

Subjects

RBA ORG · 4× ABC ORG · 2× Australian NORP · 2× Canberra GPE · 2× Michele Bullock PERSON · 2× Australia GPE · 1× David Chau PERSON · 1× David Chau's PERSON · 1× Dow Jones ORG · 1× the United States GPE · 1×

Narrative

Disclaimer: this blog is not intended as investment advice. Submit a comment or question Live updates Market snapshot - ASX 200 Futures: +0.5% to 8,815 points - Australian dollar: flat at 71.12 US cents - Wall Street: Dow Jones (+0.6%), S&P 500 (+1.1%), Nasdaq Composite (+1.7%) - Europe: Stoxx 600 (+0.9%), DAX (+0.7%), FTSE (+1.2%) -
framing: assertive · carried by 1 article(s) · first seen 2026-09-18
🔮 ASX tipped to gain as Wall St rebounds, oil and bond yields retreat The ASX is expected to open higher after Wall Street rebounded from Wednesday's sell-off.
2026-09-18 · ABC News (AU)
Live: ASX eyes gains as Wall Street rallies · assertive framing

Claims (11 extracted, 0 hedged)

ASX tipped to gain as Wall St rebounds, oil and bond yields retreat The ASX is expected to open higher after Wall Street rebounded from Wednesday's sell-off. asserted
Street → tip → off
Technology stocks led the gains as oil prices eased and US bond yields fell. asserted
yields → lead → gains
RBA governor Michele Bullock and other senior officials will face a parliamentary committee in Canberra this morning. asserted
Bullock → face → Canberra
Disclaimer: this blog is not intended as investment advice. Submit a comment or question Live updates Market snapshot - ASX 200 Futures: +0.5% to 8,815 points - Australian dollar: flat at 71.12 US cents - Wall Street: Dow Jones (+0.6%), S&P 500 (+1.1%), Nasdaq Composite (+1.7%) - Europe: Stoxx 600 (+0.9%), DAX (+0.7%), FTSE (+1.2%) - asserted
blog → intend → cents
10-year bond yield: US 4.94% Prices current at around 7.15 AM AEST New: Filters Choose what information you see below by using filters Markets recap: David Chau's finance report Need a quick refresher on Thursday's finance headlines? asserted
you → choose → headlines
ABC's David Chau says the RBA is under increasing pressure to lift Australia's interest rates after today's rate hike in the United States. asserted
RBA → say → States
Loading...ASX set to open higher Happy Friday, all! Welcome to the ABC's business and finance blog. asserted
ASX → load → blog
The ASX is set to open 0.6% higher. asserted
ASX → set → ?
The Australian dollar rose 0.3% to 71.1 US cents. asserted
dollar → rise → cents
That is scheduled to begin at 9:30 am AEST. asserted
That → schedule → am
The ABC Business team will be keeping you updated on developments via this blog and across platforms. asserted
team → keep → platforms
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