Wall Street showed resilience overnight, recovering from early losses to close higher. Oracle shares soared to a record high after reporting dramatically stronger sales, helping to lift overall market sentiment. Meanwhile, US Treasury yields edged higher following a strong auction and signs of easing inflation. Boeing shares, however, slipped amid renewed scrutiny in the wake of a tragic Air India crash, weighing on the industrials sector. In commodities, oil prices dipped as traders assessed ongoing tensions in the Middle East, while gold jumped on heightened geopolitical risks. Closer to home, the ASX is on track to end the week on a positive note.

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