Australia shares set to open lower, NZ slides
Jan 24 (Reuters) - Australian shares are expected to open lower on Monday, as tech stocks are likely to track a lower finish by Nasdaq on Friday, amid fears of inflation and policy tightening by the U.S. Federal Reserve.
The local share price index futures YAPcm1 fell 0.7%, a 169.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark had lost 2.3% on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was down 0.9% to 12,238.26 points in early trade.
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