Investing.com - Australian shares are expected to open lower on Tuesday, despite minor overnight gains in the US and European markets as local investor turn focus toward the latest meeting minutes from the Reserve Bank of Australia.
ASX 200 Futures indicate a 0.2% fall as of 8:50 am AEST.
In New York, shares saw an increase, with big tech companies leading the way. Apple Inc (NASDAQ:AAPL) saw a near 3% surge following reports that it's preparing for a boost in iPhone 16 orders.
Tesla Inc (NASDAQ:TSLA) also saw a significant rise, jumping more than 6%.
Microsoft Corporation (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) each saw a rise of over 2%. Among smaller tech companies, Dell Technologies Inc (NYSE:DELL), Zscaler Inc (NASDAQ:ZS), Broadcom Inc (NASDAQ:AVGO), CrowdStrike Holdings Inc (NASDAQ:CRWD), and Palantir Technologies Inc (NYSE:PLTR) also gained.
However, Advanced Micro Devices Inc (NASDAQ:AMD), Arm Holdings ADR (NASDAQ:ARM), Pinterest Inc (NYSE:PINS), and Uber Technologies Inc (NYSE:UBER) declined.
Despite a Reuters report stating that NVIDIA Corporation (NASDAQ:NVDA) is likely to face charges of allegedly anticompetitive practices by French antitrust enforcers, the company's shares were up by 0.6%.
French stocks saw a rebound of more than 1% after right-wing parties secured a lower-than-expected percentage of votes in the first round of parliamentary voting in France.
US Treasury yields saw a sharp increase, with the United States 10-Year yield approaching 4.50%, while local 10-year rates were at 4.47%.