Investors prepare to face the Hurricane Irma

In the US, the S&P 500 closed slightly lower as investors braced for the potential damage caused by the Hurricane Irma, as it moved toward Florida, while a drop in the big tech names such as Apple and Facebook led the Nasdaq down more quickly.

The Dow eked out a gain, aided by a 4.0% increase in the shares of insurance company travelers, and the Dow Jones US Insurance Index is up 2.1 percent, recovering some of the losses, after being under pressure recently as the southeastern UNITED states braced for another powerful storm closely in the wake of Hurricane Harvey. The Dow Jones Industrial Average rose 0.06 per cent, the S&P 500 lost 0.15% and the Nasdaq Composite fell 0.59 percent.

Locally, in economic news on Monday, the to corelogic capital city house prices survey for the week just ended is due.

Without large shares of news is expected.

The Australian market on Friday fell, while the Australian dollar has gained significantly on strong housing data and a weaker greenback.

The benchmark S&P/ASX200 index lost 17.3 points, or 0.3 percent, at 5,672.6 points.

The broader All Ordinaries index was down 14.4 points, or 0.25%, to 5,739.4 points.

In the meantime, the Australian dollar has slipped against a weakening of the greenback. The local currency was trading at 80.56 cents at 0700 AEST on Monday, from 81.00 on Friday.