Australia shares ease as Wall St dips

Australian shares slipped 0.1 per cent in early trade on Monday, in line with a dip on Wall Street where a surprise drop in the US unemployment rate below 8 per cent was overshadowed by investor concern about company profits. The benchmark S&P/ASX 200 index lost 3.8 points to 4,490.4. The benchmark has run up strongly in recent weeks, adding 0.9 per cent on Friday to its highest close since August 2011.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1056265/australia-shares-ease-wall-st-dips