ASX Today: Subdued start as US holiday weighs
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Shares looked set to open little changed as inflation concerns continued to die down, boosting Wall Street.
ASX futures advanced three points or 0.04 per cent as US stocks closed modestly higher on diminished volume ahead of the Memorial Day long weekend. The S&P/ASX 200 fell 23 points yesterday to its first loss in five sessions.
Overnight, gold settled above US$1,900. Copper was boosted by a strike in Chile. Oil inched higher. Iron ore was unchanged.
Wall Street
Reopening stocks led the advance as US stocks continued to heal from their latest inflation tantrum. The