Wall Street saw mixed fortunes overnight, with the Dow rising 500 points while the Nasdaq slipped as investors rotated out of tech stocks. SoftBank sold its Nvidia stake for $5.8 billion to fund fresh AI bets, while CoreWeave cut its forecast following a delay to a major customer contract. In commodities, oil prices rose as investors weighed sanction risks, while gold flatlined as traders booked profits. Back home, Aussie shares are expected to open higher on Wednesday, supported by strength in energy stocks.

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