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The Australian share market is expected to open flat.

The SPI200 futures contract was down 2 points, or 0.03 per cent, at 6,462.0 at 0800 AEST, suggesting a subdued start for the benchmark S&P/ASX200 on Monday.

On Wall Street on Friday, the Dow Jones Industrial Average was up 0.37 per cent, the S&P 500 was up 0.14 per cent and the tech-heavy Nasdaq Composite was up 0.11 per cent.

Markets will be closed in the UK and US on Monday for a Spring bank holiday and Memorial Day respectively.

The Aussie dollar is buying 69.28 US cents from 68.92 US cents on Friday.