Aust stocks open lower

Local market slips in early trade following a mostly weaker close on Wall St.

The Australian stock market opened lower following Wall Street's downward lead after a top Federal Reserve official warned the bank's stimulus measures couldn't continue forever.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index fell 0.35% to 5,374.3 points, while the broader All Ordinaries index declined 0.33% to 5,369.2 points.

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