SYDNEY, May 24 (Reuters) - Australian shares are set to have a cautious start on Tuesday, following an unimpressive finish on Wall Street, with resources stocks likely to be weighed by slipping commodity prices.
Local share price index futures YAPcm1 inched down 0.1 percent to 5,335.0, a 16.1-point premium to the close of the underlying S&P/ASX 200 index .AXJO on Monday. The benchmark dipped 0.6 percent in the last session, having touched its lowest level in two weeks.
New Zealand's benchmark S&P/NZX 50 index .NZ50 eased 0.4 percent in early trade.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For a summary of overnight action across global markets, click on
AU/CALL For a digest of the day's business stories in Australian newspapers, click on
PRESS/AUB
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