(Reuters) - Australian shares are set to open lower on Tuesday, in line with overnight weakness on Wall Street as technology and financial stocks came under pressure.
Energy stocks <.AXEJ> were also marked lower, expected to reverse course from Monday's gains as oil prices turned negative after U.S. President Donald Trump came out against crude output reductions. [O/R]
Share price index futures <YAPcm1> were down 63 points to 5,868, a 73.3-point discount to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark rose 0.3 percent on Monday.
New Zealand's benchmark S&P/NZX 50 index <.NZ50> fell 0.8 percent in early trade.
(Reporting by Niyati Shetty in Bengaluru; editing by John Stonestreet)
