The Australian Securities Exchange (ASX) experienced limited movement in early trading following a mixed performance in the United States. Overnight, oil prices recovered from earlier declines, providing some support to the Australian market. However, Wall Street faced downward pressure due to struggles among major technology companies. This tech sector weakness offset gains elsewhere in the US market. Locally, trading volume remains moderate as investors assess global economic signals. The overall market sentiment reflects caution amid ongoing uncertainty in international markets. WiseTech Global is an exception, showing positive gains.