Investing.com - The Australian stock market opened in positive territory today, following a robust session in the United States.
By 9:55am AEST (11:55pm GMT) ASX 200 Futures showed a slight decline of 0.2% or 25 points at Tuesday's start.
In America, major indices started their week strong with gains that marked two consecutive sessions of growth. This helped recover some ground lost during the summer market downturn.
A wide reach was observed for these gains as they impacted positively on ten out of eleven sectors within S&P 500. The index reported its first sequential gain this month following a slight drop throughout August.
Tech-oriented NASDAQ Composite also experienced an uptick of about 0.8%, while Dow Jones Industrial Average added up to another impressive tally - more than 200 points or approximately a rise by around 0.5%.
Commodity markets were mixed with Brent crude oil experiencing a minor dip of 0.1% while gold remained steady at US$1,920.38.
The Australian dollar held relatively steady against USD around the 0.64 mark, while the US Dollar Index was at 103.95.