ASX set to advance, Wall Street seesaws; Guzman y Gomez shuts down US restaurants The Australian Securities Exchange (ASX) is poised to make gains as investors seek refuge from the volatility plaguing global markets.
Meanwhile, Wall Street is experiencing a mixed day of trading, with the S&P 500 index fluctuating between losses and gains.
Despite the recent decline in oil prices, which saw Brent crude briefly surge above $US109 per barrel before plummeting 2% to $US102. 93, investors remain cautious.