Aust stocks set to open higher

Local market tipped to begin stronger despite negative close on Wall Street.

The Australian sharemarket looks set to open higher despite a negative close on Wall Street as increased Ukraine tensions overshadowed strong US jobs figures.

At 6.45am (AEST), the June share price index futures contract was up seven points at 5,454.

The US economy added 288,000 jobs in April, far above the 210,000 projected by analysts.

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