Aust stocks set for flat start

Soft jobs report in the US on Friday offers weak lead for local market.

The Australian market looks set to open flat after Wall Street closed mostly higher following a surprisingly weak United States jobs report.

At 0645 AEDT, the March share price index futures contract was down four points at 5,286.

The monthly US Labor Department report said the world's biggest economy added just 74,000 jobs in December, well below the 197,000 expected by analysts.

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