Australia’s stock market is set to retreat on Monday as investors turn increasingly negative on already battered mining companies after Chinese authorities failed to impress with their latest stimulus package.

Futures contracts indicate the S&The P/ASX 200 will fall 0.4 per cent, or 36 points, at the opening bell on Monday. It rose 2.2 percent last weekthe best winning streak since mid-Augustfollowing Wall Street higher on expectations of lower interest rates under a second Donald Trump presidency.

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