The ASX 200 edged up 21 points or 0.2% to finish at 8,808 on Wednesday, snapping a four-session slide as softer May headline inflation supported sentiment despite core readings running a touch hot. In Asia, markets mainly advanced as U.S. stock futures ticked up amid easing tensions in the Middle East, with tanker traffic through the Strait of Hormuz gradually normalising. Later this week, focus will turn to the U.S. PCE price index and final GDP figures. Gains in local markets were broad across tech services, healthcare, consumer, and commercial sectors, offset by weakness in energy and mining. Three of the big four banks rose between 0.1% and 1.2%, while Wisetech Global rebounded 14.5% after its prior slump. Other standouts included Lynas Rare Earths (4.3%), PLS Group (3.6%), and Pro Medicus (3.9%). In contrast, Woodside Energy slipped 1.4%, and Santos fell 1.0%. Traders now await Thursday’s labor market and household spending data for further cues on domestic resilience.