Market set for stronger open US Dow Jones and the S&P 500 indices hit record highs overnight. THE Australian market looks set to open stronger after US stocks powered to record highs. At 6.51am AEST today, the June share price index futures contract was 38 points higher at 5002 points, with 3250 contracts traded. The Dow Jones Industrial Average rose 128.78 (0.88 per cent) to 14,802.24, a new all-time closing high. The broad-based S&P 500 surged 19.12 (1.22 per cent) higher to 1587.73, also a record. The Nasdaq Composite Index rose 59.39 (1.83 per cent) to 3297.25, reaching its highest level since November 2000. In economic news today, the Australian Bureau of Statistics is due to release its jobs figures. In equity news, Woolworths will deliver its third quarter sales results. At the close yesterday, the benchmark S&P/ASX200 index lost 8.8 points to 4968. The broader All Ordinaries index fell 6.5 points, at 4973.7.