Aust stocks fall at noon

Local market dips after weak Wall St leads as Fed warns stimulus must end.

The Australian stock market fell at noon, following weak Wall Street leads as a Federal Reserve official warned the bank's stimulus measures couldn't continue forever.

At 1205 AEDT, the benchmark S&P/ASX200 index fell 0.48% to 5,367.3 points, while the broader All Ordinaries index declined 0.45% to 5,362.8 points.

Financials were mostly lower.

ANZ fell 0.61% to $31.915 and Commonwealth Bank fell 0.78% to $77.48.

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