Aust stocks open little changed

Local market flat after Wall Street gains as investors look ahead to Fed meeting.

The Australian sharemarket opened flat, following gains on Wall Street as investors felt relief on easing tensions between Russia and Crimea and began to focus on tomorrow's United States Federal Reserve meeting.

At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was down 4.5 points, or 0.08%, at 5,340.1 points, while the broader All Ordinaries index was down 3.3 points, or 0.06%, to 5,356.9 points.


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