Aust stocks open little changed

Local market flat in early trade after falls on global bourses overnight.

The Australian stock market opened little changed after falls on international bourses amid growing speculation the Federal Reserve may start cutting its stimulus program this month.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index edged down 0.07% to 5,059 points, while the broader All Ordinaries index slipped 0.11% to 5,063.8 points.

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