Live: Wall Street surges despite Meta and Microsoft dives, ASX set for strong rebound
Wall Street indices reached new highs despite declines in Meta and Microsoft following their earnings reports, as investors showed renewed appetite for risk amid falling oil prices and a weaker US dollar. European markets also rose, with the ECB holding rates steady, contributing to positive sentiment. ASX 200 futures suggest a strong rebound in Australian markets, erasing recent losses, while commodities like gold gained and oil retreated from recent peaks.
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liveLive updates: Wall Street surges despite Meta and Microsoft dives, ASX set for reboundBy business reporter Stephen LettsTopic:Stock Market22m ago22 minutes agoThu 30 Apr 2026 at 9:16pmSkip to timelineabc.net.au/news/asx-markets-business-news-live-updates-may-1/106628544Link copiedShareShare articleGlobal investors are again embracing risk with strong rallies in equity markets across the US and Europe as oil prices retreated from four-year highs.ASX futures are pricing in a strong rebound of around 1.5 per cent on opening, which should erase much of the losses over the past seven sessions.Follow the day's financial news and insights from our specialist business reporters on our live blog.Disclaimer: this blog is not intended as investment advice.Key EventsWall Street hits fresh highs…
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