Aust stocks set to open flat

Local market expected to be little changed in early trade on weak US leads.

The Australian stock market is set for a flat start after overseas markets lost ground as investors wait for major economic news coming out of the United States later in the week.

At 0705 AEST, the September share price index futures contract was up four points at 5,014.

In local economic news, the Australian Bureau of Statistics will release building approvals data for June on Tuesday.

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