Nov 16 (Reuters) - Australian shares were poised to open higher on Monday tracking Wall Street peers, after U.S. shares notched a record closing high at the end of last week on upbeat earnings reports and hopes for a successful COVID-19 vaccine.
The local share price index futures YAPcm1 rose 0.8%, or 51 points, a 27.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2% on Friday.
Sentiment in Asia is likely to get a lift after the S&P 500 notched a record closing high on Friday, with Cisco Systems CSCO.O and Walt Disney (NYSE:DIS) Co DIS.N reporting strong results, lending hope that the U.S. economy and companies may be on the path to a recovery. .N
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.6% by 2122 GMT.