ASX Today: What to Know Before the Australian Stock Market Opens (18 December 2025)
The S&P/ASX 200 closed lower Wednesday, marking a three-day losing streak as banks dragged and miners offset some losses. Futures point to a flat or slightly weaker open Thursday amid global tech weakness and firmer commodity prices. Wall Street fell overnight, with the Nasdaq down 1.81% on renewed caution over AI and tech spending. Investors expect a cautious start and possible sector rotation early in the session.