Markets Live: Stocks set for gains 10:03am: On Friday, US stocks rose as earnings from Google and other companies lifted tech shares, but the gains weren't enough to stop the S&P 500 from suffering its worst week since November. 9:49am: The Australian dollar is lower, hitting a six-week low of $US1.0259 before recovering slightly to $US1.0273 as its US counterpart rallies amid concern about the weak global economic growth. Bank of New Zealand currency strategist Mike Jones said the Australian dollar lost ground during the offshore session on Friday as the greenback rallied against the Japanese yen. ""That stronger US dollar was the catalyst for the sell-off in the Aussie late in the Friday session,"" Jones said from Wellington. ""There is that cloud of uncertainty and negativity lingering over markets as we're seeing some signs that global growth is dropping back a little bit." The dollar is also buying 102.6 yen and 78.7 euro cents. 9:45am: The Australian share market is expected to open in positive territory after Wall Street and other overseas markets posted gains on Friday. Here's how the main markets performed in offshore trade:SPI future are 11 points higher at 4937 The Australian dollar is buying $US1.0279 On Wall Street, the S&P500 rose 0.9% London's FTSE gained 0.7%, Frankfurt's Dax fell 0.2% Gold rose 0.2% to $US1395 an ounce Brent oil added 52 cents ot $US99.65 a barrel Copper fell 1.4% to $US6988 a tonne For more details on international markets, read this morning's need2know.