Australian shares are likely to open higher even as US benchmark equities traded mixed overnight.
Engineering construction activity for the September 2024 quarter will be released at 11:30 am Sydney time.
Overnight, the S&P 500 and the Nasdaq Composite were little changed, while the Dow Jones Industrial Average rose 0.5%.
In corporate news, Macquarie Group's (ASX:MQG) Macquarie Asset Management will invest up to $900 million in the company's Ellendale High Performance Computing data center campus in North Dakota.
Ports Victoria claims Viva Energy Group (ASX:VEA) has not yet done vital studies on its proposed liquefied natural gas (LNG) import facility despite repeated requests since last year, The Australian reported on Tuesday.
Yancoal Australia (ASX:YAL) Chief Executive Officer David James Moult will step down on July 14, according to a Tuesday filing with the Australian bourse. Ning Yue, chair of the executive committee, will take over as CEO on an interim basis.
Australia's benchmark index gained 0.5%, or 39.10 points, Tuesday to close at 8,231.
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