SYDNEY, March 29 (Reuters) - Australian stocks are likely to open with a subdued tone on Tuesday markets reopen following a four-day holiday break and after an uninspired session on Wall Street.
Local stock index futures YAPcm1 edged 0.2 percent lower to 5,069.0, a 15.2-point discount to the close of the underlying S&P/ASX 200 index .AXJO on Thursday.
The benchmark index fell to its lowest in three weeks in the last session. It has slipped 4 percent so far this year.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was steady in early trade, hovering near a record peak touched last week. The benchmark has gained 5.3 percent in the past three months.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For a summary of overnight action across global markets, click on
AU/CALL For a digest of the day's business stories in Australian newspapers, click on
PRESS/AUB
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>