Aust stocks open flat

Local market begins flat as Dow, S&P 500 hit mew highs on Yellen testimony.

The Australian stock market opened little changed as the Dow and the S&P 500 pushed to fresh all-time highs on Wall Street amid optimism prospective Federal Reserve chief Janet Yellen will continue economic stimulus measures.

At the 1015 AEDT official market open, the The benchmark S&P/ASX200 index lost 0.1% to 5,350.3 points, while the broader All Ordinaries index edged down 0.07% to 5,348.1 points.

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