Australian shares have opened marginally lower, with falls from the big banks offsetting a positive energy sector.
The benchmark S&P/ASX200 index was down 5.2 points, or 0.08 per cent, to 6,216.2 points at 1015 AEST on Tuesday, while the broader All Ordinaries was down 3.3 points, or 0.05 per cent, to 6,307.5.
On Wall Street, the Dow Jones Industrial Average closed down 0.32 per cent, the S&P 500 was up 0.10 per cent and the tech-heavy Nasdaq Composite was up 0.19 per cent.
All four of the big banks started the day in negative territory, with ANZ, Commonwealth, NAB and Westpac slipping between 0.21 per cent and 0.55 per cent.
The energy sector led gains, up more than one per cent as a whole, after the price of oil advanced about two per cent overnight.
Shares in consumer staples, telecommunications and utilities recorded the biggest losses on the ASX.
An ANZ-Roy Morgan sentiment survey released before the start of trade suggested consumer confidence fell last week despite tax cuts announced in the federal budget.
The Australian Bureau of Statistics is due to release data on lending to households and businesses at 1130 AEST on Tuesday.
The Aussie dollar is buying 71.24 US cents, from 70.99 US cents on Monday.