The Australian stock market is expected to rise in early trading, in line with the strengthening trend of US stock index futures. Prior to Monday's opening, local stock index futures rose nearly 0.6%, indicating that the S&P/ASX 200 index will rebound from Friday's 0.75% decline, which put an end to a third straight week of decline. Prior to opening, Capricorn Metals said it aims to produce 500,000 ounces of gold per year over the next five years. US stock index futures rose over the weekend as the conflict between the US and Iran came to an end and oil prices fell. The US stock market had mixed ups and downs on Friday. The Dow Jones Index rose 0.5%, the S&P 500 rose less than 0.1%, and the Nasdaq Composite Index fell 0.6%.

The Australian stock market is expected to rise in early trading, in line with the strengthening trend of US stock index futures. Prior to Monday's opening, local stock index futures rose nearly 0.6%, indicating that the S&P/ASX 200 index will rebound from Friday's 0.75% decline, which put an end to a third straight week of decline. Prior to opening, Capricorn Metals said it aims to produce 500,000 ounces of gold per year over the next five years. US stock index futures rose over the weekend as the conflict between the US and Iran came to an end and oil prices fell. The US stock market had mixed ups and downs on Friday. The Dow Jones Index rose 0.5%, the S&P 500 rose less than 0.1%, and the Nasdaq Composite Index fell 0.6%.