Australian shares are set to open higher, after major US stock averages ended narrowly mixed as traders awaited Nvidia earnings after the bell.
ASX futures were up 0.13% or 11 points as of 8:00am on Thursday, suggesting a higher open.
Major stock indexes in the U.S. finished mixed Wednesday with the Nasdaq Composite Index dropping 0.1%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average gained 0.3%.
The Nasdaq Composite gained 0.6%, while the S&P 500 rose 0.4%. The Dow Jones Industrial Average slipped 0.1%. All three of the major U.S. indexes fell last week.
In commodity markets, Brent crude oil was down 0.2% to US$73.14 a barrel, while gold was up 0.7% to US$2,649.68.
The Australian dollar was at 64.97 US cents, down from its previous close of 65.30.