ASX Set for Minor Decline Amid Tech Selloff and Iran Tensions

The Australian sharemarket is expected to open slightly lower on Wednesday, with futures pointing to a 6-point decline at the opening bell.

Investors will be watching corporate earnings and Wage Price Index data alongside Reserve Bank of Australia deputy governor Andrew Hauser's speech in Brisbane.

BHP helped offset broader weakness after reporting a 9% increase in full-year profit, while Ausgold surged 24.4% on its $776 million takeover by OceanaGold.