BHP earnings loom as US stocks dip on Middle East conflict concerns

BHP, Australia's largest listed corporation, is slated to announce its earnings as part of a crowded ASX reporting schedule that includes roughly 80 major firms. The backdrop is unsettled, with US equity markets dropping after President Donald Trump threatened to bomb Oman, stoking concerns of an escalating Middle East war. The Dow Jones, S&P 500 and Nasdaq each slipped about half a percent, while ASX 200 futures fell 0.4% to 8,976 points.

Commodity markets reacted, with spot gold up 0.9% to $4,415 per ounce and Brent crude rising 2.9% to $91.11 a barrel; iron ore edged lower. The live update also highlighted medical-device maker Cochlear's FY27 guidance and listed other companies slated to report later in the week.