Australia shares to open lower; NZ down

March 28 (Reuters) – Australian shares were set to open
lower on Wednesday, following a weak lead from Wall Street,
though losses might be capped by gains in materials stocks.
All three major U.S. stock indexes declined on Tuesday, as
concerns about regulation of social media and autonomous
vehicles led to a sell-off in technology shares.
However, the losses were expected to be capped by gains in
the materials stocks, likely to benefit from a strengthening in
metals prices.