Market Overview - Oracle's stock surged by +35.9%, marking the largest single-day gain for a company valued over $500 billion in U.S. history, contributing to record highs for the S&P 500 and Nasdaq composite [4] - The ASX 200 futures indicate a -0.2% retreat, reflecting a "September breather" as the market experiences a slight pullback after a +10% increase over the past year [2][3] Consumer Insights - CBA's data indicates a consumer recovery is underway, with household spending increasing for the sixth consecutive month [5] ASX Companies to Watch - Ariana Resources (ASX:AA2) saw a +7% increase on its first day of trading, currently priced at 30 cents per share [6] - Great Boulder Resources (ASX:GBR) is gaining attention with the addition of three more rigs at its Side Well dig [7] - Perenti (ASX:PRN) secured a $300 million contract for mining operations at Ramelius Resources' (ASX:RMS) Dalgaranga Gold project [7] Commodity Prices - The Australian dollar is trading at 66.1 US cents [8] - Iron Ore prices have decreased by -0.3% to $107 per tonne in Singapore [8] - Brent Crude is priced at $67.54 per barrel, while Gold is selling at $3,644 per ounce [8]
ASX Market Open: Sour September winning out over blockbuster US AI rally | Sep 11