Australian shares are poised to fall, in line with overseas losses. The megacap techs paced New York lower, with the Nasdaq Composite leading amid a sharp sell-off in Microsoft, Nvidia and Meta in particular.
Oil surged on more Israeli airstrikes and a report about a potential retaliatory attack from Iran keep traders on alert for supply disruptions from the Middle East.
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
