(Reuters) - Australian shares were set to open higher on Monday, tracking Wall Street indexes which rose to record highs after robust earnings from Alphabet and Starbucks.
The upbeat earnings sent the S&P 500 and Nasdaq soaring on Friday, with support from data which showed U.S. economic growth slowed less than expected in the second quarter.
The local share price index futures <YAPcm1> rose 0.3% or 19 points, a 43.3-point discount to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark fell 0.4% on Friday.
New Zealand's benchmark S&P/NZX 50 index <.NZ50> rose 0.1% to 10,822.62 in early trade.
(Reporting by Rashmi Ashok in Bengaluru; Editing by Daniel Wallis)
