Australian share prices are expected to open higher on Tuesday after United States stocks rose overnight.
The ASX 200 index should begin up 0.36% based on Australian Securities Exchange trading, which priced the March share price index contract 32 points higher than the previous close at 8,857 points at the time of writing.
This would follow the pattern on Wall Street overnight, where higher technology stock prices helped to boost the main indexes as investors awaited earnings reports and key U.S. economic data this week.
The Dow Jones Industrial Average put on just 0.04% to clinch a fresh record high, the S&P 500 gained 0.5%, and the Nasdaq Composite rose 1%.
"You've a sharply oversold market where a little bit of good news can go a long way," Truist Advisory Services Chief Investment Officer Keith Lerner was quoted in a Reuters story as saying.
The Australian market performed strongly on Monday, delivering its strongest one-day gain since April 2025, with the ASX 200 Index surging 1.9% to 8,870.1 points as 11 sectors finished with gains.
Company announcements today include Macquarie Group’s (ASX: MQG) operational briefing presentation and earnings from Amotiv (AOV), James Hardie (JHX) and Region Group (RGN).
In other news, monthly consumer and business confidence surveys are scheduled along with the CBA wage and labour insights report.
In fixed interest markets, the Australian Government bond yields rose as two-year rates gained 0.02% to 4.268% and 10 year rates added 0.10% to 4.856%.
