ASX Set to Rise as Wall Street Rebounds and Commodities Strengthen

The Australian sharemarket is expected to open higher today after futures pointed to a gain of 41 points, or 0.5%, following Wall Street's stronger finish and gains in commodities.

This comes as investors continue to contend with elevated oil prices, concerns about US bond markets, and sustained weakness across major banks.

Reporting season remains the focus this week, with several companies scheduled to release their results today, including PLS, Bendigo and Adelaide Bank (ASX:BEN), Ampol, Data#3, NIB, Reece, and Endeavour Group.

The S&P/ASX 200 fell 24.9 points, or 0.27%, on Friday to 9,058.9, while the All Ordinaries declined 28.8 points, or 0.31%, to 9,269.7.