Nov 4 (Reuters) - Australian shares were set to open flat on Wednesday as investors adopted a cautious stance ahead of the U.S. presidential election results with bets that a clear outcome is likely to deliver more fiscal stimulus.
Wall Street advanced overnight as Democratic nominee Joe Biden leads President Donald Trump in the final polls, raising expectations for a decisive outcome and a post-election stimulus package that would make good on Biden's promises of infrastructure spending. .N
The local share price index futures YAPcm1 were up 0.06%, a 10.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark climbed nearly 2% on Tuesday.
In New Zealand, the benchmark S&P/NZX 50 index .NZ50 rose 0.7% in early trade.