Aust stocks slip at open

Local market follows Wall St lower to give up almost three quarters of a per cent.

The Australian stock market opened slightly lower after Wall Street gave up much of the gains made on the Federal Reserve's no-taper decision to finish lower at its last session.

At the 1015 AEST official market open, the benchmark S&P/ASX200 index declined 0.74% to 5,237.7 points, while the broader All Ordinaries index fell 0.74% to 5,231.8 points.

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