The ASX nudged up but Wall Street dropped as worries about rising geopolitical risks and doubts about AI profitability weighed on markets.
Oil prices jumped after the region’s conflict escalated.
fears about weaker Chinese growth heightened unease .
Non-tech stocks mostly rose while tech dragged on gains .
Heavyweights drove the advance.
BHP and Mineral Resources topped the moves among the strongest risers.
Major funds maintained bets on leading industries despite mixed signals across the board .