Live: ASX set to open higher as Tesla shares plunge

The Australian share market is set to open higher in morning trading as Wall Street closes down.Elon Musk's Tesla has seen its shares plunge on negative cash flow reporting.Meanwhile, oil is trading near $US94 a barrel as the war in the Middle East continues.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.Thu 23 Jul 2026 at 7:25amThu 23 Jul 2026 at 7:25amMarket snapshot ASX 200 Futures: +0.8% to 8,839 points Australian dollar: -0.04% to 69.93 US centsWall Street: Dow Jones (-0.01%), S&P 500 (-0.1%), Nasdaq Composite (-0.5%)Europe: FTSE (+1.2%), Stoxx 600 (+0.6%), DAX (+0.6%)Spot gold: +1.3% to $US4,129/ounceOil (Brent futures): +4.1% to $US94.66/barrelIron ore: -0.8% to $US97.60/tonneBitcoin: -0.02% to $US65,871Prices current at around 7:20am AESTThu 23 Jul 2026 at 7:40amThu 23 Jul 2026 at 7:40amASX to open in the greenGood morning everyone and happy Thursday!Adelaide Miller here to guide you through the morning of everything business, finance and economics.To start with, the ASX is set to open higher, with Futures pointing up +0.8% to 8,839 points.That's as Wall Street has closed in the red - I'll provide a breakdown shortly.On the agenda today is the latest jobs figures, with the June report set to be released at 11.30am AEST.Last month, we saw May's unemployment rate ease slightly in seasonally adjusted terms, slipping from 4.5% to 4.4%.But in trend terms, the rate picked up a little, recording its highest level in four years.But for now, grab yourself a coffee and see you back here soon!