Wall Street fell overnight as disappointing results from a major US retailer and rising bond yields weighed on sentiment. The ASX is set to follow US markets lower, while oil prices climbed to a more than three-week high as tensions between the US and Iran escalated. Plus, concerns linger over rising long-term borrowing costs as the US Treasury considers expanding its bond buyback program.

Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers.

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