The Australian stock market looks set to open lower after a negative finish on Wall Street and slumping commodities prices.
At 0709 AEST on Thursday, the June share price index futures contract was 33 points lower at 4,969 points, with 4,420 contracts traded.
In New York on Wednesday, the Dow Jones Industrial Average fell 0.94 per cent to 14,618.59 points, while the broad-based S&P500 slid 1.43 per cent to 1,552.01.
Meanwhile, the tech-heavy Nasdaq Composite Index ended down 1.84 per cent at 3,204.67.
Futures contract prices for key commodities such as oil, gold and copper all settled lower in offshore trading.
In economics news on Thursday, the NAB business survey for the March quarter will be released.
Also, the Australian government will auction $1 billion of Treasury Notes.
In companies news, quarterly production reports from Fortescue Metals Group, Woodside Petroleum and Iluka are due for release.
Bank of Queensland and Australian Pharmaceutical Industries publish their interim results, while Wesfarmers will release third quarter retail sales figures.
On Wednesday, the benchmark S&P/ASX200 index rose 1.09 per cent to 5004.6 points, while the broader All Ordinaries finished 1.00 per cent higher at 4,993.6 points.
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