Aust stocks set to open lower


The Australian sharemarket looks set to open lower, after falls in most commodity prices and a fairly flat finish for Wall Street stocks. At 6. 54am (AEST), the September share price index futures contract was down 18 points at 5,611.

In Australia, the market on Wednesday closed modestly higher after the S&P 500 index in the US finished above 2,000 points for the first time.

Read more here: Business Spectator


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