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ASX 200 futures are pointing to a 0.3% drop at the open, shedding some of Monday's 1.4% gains as Wall Street delivered a mixed overnight session. The key driver is a dramatic reversal in oil markets, with Brent crude tumbling 9.1% to US$87.93 a barrel after the US and Iran paused hostilities and resumed negotiations to end the war. The S&P 500 fell 0.2%, while the Nasdaq dropped 0.4% on tech weakness, with Nvidia sliding over...
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