May 5 (Reuters) - Australian shares are expected to open lower on Wednesday after Wall Street pulled back from its record trading levels overnight, with blue-chip tech firms dragging the Nasdaq more than 2% lower.
The local share price index futures YAPcm1 fell 0.4%, a 58.9-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.6% higher on Tuesday.
Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.4% to 12,859.07 in early trade.