The Australian sharemarket has advanced at the open while a sell-off in big technology stocks spread from Asia back to the US overnight over worries about potentially higher interest rates by the end of the year.

Australian shares are set to open higher; tech shares slid in New York, dragging on the S&P 500 and Nasdaq; oil falls on peace hopes. Follow live.

The Australian sharemarket has advanced at the open while a sell-off in big technology stocks spread from Asia back to the US overnight over worries about potentially higher…