Global stock markets are rising despite climbing oil prices, driven by a sharp overnight rebound in Wall Street's technology and semiconductor stocks. In Australia, the share market is expected to open higher following these positive international movements.
At the same time, oil prices have surged to a five-week high. This increase follows signals from Donald Trump indicating that the United States is not finished attacking Iran.
Despite the upward pressure from rising oil prices, broader market resilience remains strong. Analysts note that the stock market appears persistently resistant to downward trends.
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