Feb 20 (Reuters) - Australian shares were set to open higher on Monday, supported by strong iron ore prices and a positive session from Wall Street on Friday.
The Dow .DJI and the S&P 500 .SPX turned positive in the final minutes of last week, continuing the rally since Donald Trump's U.S. election victory in November. .N local share price index futures YAPcm1 rose 5 points to 5,760 points, a 45.818-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 4.5 points, or 0.06 percent, in early trade.
For a summary of overnight action across global markets, double click on AU/CALL
For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB