Aust stocks open weaker

Local market pushes lower in early trade on the back of strong Wall Street leads.

The Australian stock market opened weaker despite gains on international markets after Federal Reserve chief nominee Janet Yellen bolstered expectations of the Fed keeping the flow of easy money.

At the 1015 AEDT, the benchmark S&P/ASX200 slipped 0.45% to 5,377.2 points, while the broader All Ordinaries index decreased 0.44% to 5,372.5 points.

No major economic news is expected on Monday.

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