{"id":13117,"date":"2025-09-10T22:45:09","date_gmt":"2025-09-10T22:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/13117\/"},"modified":"2025-09-10T22:45:09","modified_gmt":"2025-09-10T22:45:09","slug":"australian-shares-to-open-lower-after-tech-rally-notched-new-sp500-high-capital-brief","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/13117\/","title":{"rendered":"Australian shares to open lower after tech rally notched new S&#038;P500 high \u2014 Capital Brief"},"content":{"rendered":"<p>Australian shares to open lower after tech rally notched new S&amp;P500 high \u2014 Capital Brief<\/p>\n<p><a href=\"#content\" class=\"focus-state sr-only left-1\/2 top-1.5 z-40 -translate-x-1\/2 bg-white focus:not-sr-only focus:absolute focus:p-1.5 sm:top-2\"><br \/>\nSkip to content<br \/>\n<\/a><\/p>\n<p>Printed<br \/>\nby<br \/>\nfor personal, non-commercial use only.<br \/>\nFor other rights, contact<br \/>\n<a href=\"https:\/\/www.capitalbrief.com\/briefing\/australian-shares-to-open-lower-after-tech-rally-notched-new-sp500-high-18b55a90-7c54-4f6c-a5de-e080d7314374\/mailto:licensing@capitalbrief.com\" class=\"text-cobalt-600 link-underline\" rel=\"nofollow noopener\" target=\"_blank\">licensing@capitalbrief.com<\/a>.<\/p>\n<p>8:14am on 11 September 2025<\/p>\n<p>The news: Australian shares are set to tick down this morning after the S&amp;P500 hit a new record close overnight, buoyed by an Oracle-led tech rally.<\/p>\n<p>The numbers: Updated at 8:00am AEST:<\/p>\n<p>ASX futures: down 20 points to 8,805Wall Street: Dow Jones down 0.48%, S&amp;P 500 up 0.30% and Nasdaq up 0.03%Europe: CAC 40 up 0.15%, DAX down 0.36% and FTSE 100 down 0.19%Spot gold: up 0.38% to USD3,640 per ounceOil prices: Brent up 1.78% USD67.57\/bbl and US WTI up 1.66% to USD63.67\/bblAUD: up 0.37% to 66.13 US centsBitcoin: up 1.90% to USD113,632.34.<\/p>\n<p>The context: The S&amp;P 500 reset its record close, buoyed by a tech stock rally after Oracle (+36%) surged after posting strong first quarter results for FY26 and forecast that booked revenue from its core cloud business would breach USD500 billion over the next few months.<\/p>\n<p><a href=\"https:\/\/www.capitalbrief.com\/briefing\/oracle-shares-surge-30-on-cloud-growth-forecasts-1435329b-262f-4e5d-a93c-cdb7b4cd6dcc\/#2ec80b52-d6f4-429a-b665-520c6bbd03eb\" rel=\"nofollow noopener\" target=\"_blank\">The intraday surge<\/a> meant Oracle co-founder and CTO Larry Ellison briefly surpassed Elon Musk as the world\u2019s richest man, according to the Bloomberg Billionaires Index. Swedish fintech Klarna (+15%) <a href=\"https:\/\/www.capitalbrief.com\/briefing\/klarna-shares-jump-43-after-pricing-oversubscribed-ipo-545a4403-5f88-4e8a-9eab-835752cab00a\/\" rel=\"nofollow noopener\" target=\"_blank\">also surged<\/a> on its New York Stock Exchange debut.<\/p>\n<p>Meanwhile, the Dow Jones fell and the Nasdaq ended flat as investors considered producer price index data released by the Bureau of Labor Statistics (BLS) overnight.<\/p>\n<p>The inflation measure ticked down 0.1% in August on a month-to-month basis, after surging in July, but was up 2.6% compared to 12 months prior.<\/p>\n<p>US consumer price index data inflation data to be released on Thursday evening (AEST) will further inform investor expectations ahead of the US Federal Reserve\u2019s interest rate decision next week.<\/p>\n<p class=\"mb-6 font-medium text-zinc-500\">\nBy<br \/>\n<a class=\"author link-underline-hover\" href=\"https:\/\/www.capitalbrief.com\/author\/brandon-how\/\" rel=\"nofollow noopener\" target=\"_blank\">Brandon\u00a0How<\/a>\n<\/p>\n<p><a x-bind:href=\"https:\/\/www.capitalbrief.com\/briefing\/australian-shares-to-open-lower-after-tech-rally-notched-new-sp500-high-18b55a90-7c54-4f6c-a5de-e080d7314374\/getLink\" x-bind:class=\"(isCopied) &amp;&amp; 'bg-zinc-200 hover:bg-zinc-200'\" x-on:click.prevent=\"copyLink\" data-no-swup=\"\" class=\"flex h-10 w-10 items-center justify-center rounded-full border border-zinc-200 transition duration-300 hover:bg-zinc-100\"><\/p>\n<p><\/a><br \/>\n<a x-bind:href=\"https:\/\/www.capitalbrief.com\/briefing\/australian-shares-to-open-lower-after-tech-rally-notched-new-sp500-high-18b55a90-7c54-4f6c-a5de-e080d7314374\/getLinkedIn\" x-on:click.prevent=\"openLinkedIn\" data-no-swup=\"\" class=\"flex h-10 w-10 items-center justify-center rounded-full border border-zinc-200 transition duration-300 hover:bg-zinc-100\"><\/p>\n<p><\/a><\/p>\n<p>Topics:<br \/>\n<a href=\"https:\/\/www.capitalbrief.com\/topic\/markets\/\" class=\"link-underline-hover text-cobalt-600\" rel=\"nofollow noopener\" target=\"_blank\">Markets<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/1730774470.png\" x-bind:class=\"$store.authentication.state.isAuthenticated || (Boolean(context ==='articleInline')) ?&#10; 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