(Reuters) - Australian shares were set to open higher
on Tuesday as optimism over potential medical advances to combat
the coronavirus pandemic pushed the S&P 500 and the Nasdaq to
record closing highs overnight.
The local share price index futures rose 0.64%, a
2.4-point premium to the underlying S&P/ASX 200 index
close. The benchmark rose 0.3% on Monday, snapping two straight
sessions of losses.
New Zealand's benchmark S&P/NZX 50 index edged 0.2%
higher in early trade.