Aust stocks open flat

Local market begins little changed after weak earnings reports weighed on Wall Street.

The Australian sharemarket opened little changed after Wall Street tumbled at the end of last week on some disappointing earnings reports.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 fell down 9.7 points, or 0.17%, to 5,573.8 points, while the broader All Ordinaries index slipped 8.3 points, or 0.15%, to 5,565.9 points.


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