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"Australian shares look set to open higheron Tuesday, tracking a buoyant session on Wall Street, althoughrenewed concerns on a persistent oil glut could put energystocks under pressure. U.S. stock markets climbed overnight helped by gains in thefinancial and commodity sectors after consumer spending rose fora fourth straight month. Oil prices fell more than 1 percent on Monday as hopes of aproduction freeze faded on the backdrop of rising output fromthe Middle East. The local share price index futures rose 0.3percent, a 0.2 point discount to the underlying S&P/ASX 200index close. The benchmark closed at its lowest in overthree weeks on Monday. New Zealand's benchmark S&P/NZX 50 index was up 0.29percent at 22:37 GMT. For a summary of overnight action across global markets, doubleclick on For a digest of the day's business stories in Australian newspapers, double click on For more information on DIARIES & DATA:U.S. earnings diary Wall", www.reuters.com
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