Australia shares expected to open weaker on Wall St, iron ore lag

April 16, 2015 10:54 PM

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SYDNEY, April 17 (Reuters) - Australian shares are expected to open lower on Friday as investors sell stocks following another slide in the all-important iron ore price and a lacklustre lead from Wall Street.

The local share price index futures fell six points to 5938, a 0.2 percent discount to the underlying S&P/ASX 200 index close. The benchmark rose 39.08 points or 0.7 percent to 5,947.5 on Thursday. On Thursday, the Dow Jones industrial average fell 0.4 percent as lingering worries about upcoming cor...

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