Overnight, the S&P 500 and the Dow Jones Industrial Average rose 0.2% and 1%, respectively, while the Nasdaq Composite fell 0.2%. In the macroeconomy, Australia's consumer price index report is due at 11:30 am Sydney time. In corporate news, Rio Tinto Group (ASX:RIO) reported Wednesday first-half underlying earnings of $4.214 per basic share on revenue of $31.03 billion, compared with underlying earnings of $2.96 on revenue of $26.87 billion a year earlier. Woodside Energy Group's (ASX:WDS) operating revenue rose to $4.19 billion in the second quarter ended June 30 from $3.28 billion a year earlier. Australia's benchmark index rose 0.6%, or 53.8 points, to close at 8,947.80 on Tuesday.