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SMH.com.au·4 min read·hard

Wall Street rises as oil prices swing, ASX set to edge up

S
Staff writers
Wall Street rises as oil prices swing, ASX set to edge up
AI Summary

The Australian sharemarket remained flat as losses in the mining sector, particularly BHP, were balanced by gains in banking and wealth management. Investors are reacting to slowing inflation in the U.S. and concerns over declining copper output at BHP's Chilean mines.

— 5:23pm , first published July 16, 2026 — 5:18am

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