Aust stocks close lower

Australian Stocks have closed weaker as declines among the major miners dragged the broader market lower and snapped a two-day rally.At 1615 AEDT on Friday, the benchmark S & P/ASX200 index was down 16.9 points, or 00:36 per cent, at 4,723.8 points, while the broader All Ordinaries index of military fallen 18.5 points, or 12:39 per cent, to 4,742.9 points.On the ASX 24, the March share price index futures contract was 13 points lower at 4.703 points, with 20.395 Contracts traded.The Australian market opened down about 0.3 per cent, Following a disappointing night on Wall Street as U.S. Investors Reacto negatively to news the U.S. central bank's quantitative easing may Consider ending its program Earlier than expected.After the poor start, local remaind Stocks stuck in red figures but held their ground to trade in a tight range Throughout Friday's local session, ending a two-day campaign rally hurt Push The S & P/ASX200 to a 19-year high.