Australia Shares Poised for Opening Rise
2232 GMT – Australia's S&P/ASX 200 looks set to rise at the open after U.S. stocks rallied amid hopes of a de-escalation in the Israel-Iran conflict. ASX futures are up by 0.8% ahead of Tuesday's session, suggesting that the benchmark index has a chance of a fresh record. The ASX 200 has slipped 0.5% since closing at a record in the middle of last week. It finished flat on Monday, fading after a bright start. The Dow Jones Industrial Average gained 0.75% as Iran signaled its desire for an end to hostilities. The S&P 500 rose 0.9%, and the Nasdaq Composite advanced 1.5%. (stuart.condie@wsj.com)
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