Australian stocks could be on course for a third straight fall following a weak lead from U.S. equities. Local stock futures are down by 0.3% ahead of Thursday's session, suggesting that the S&P/ASX 200 will keep falling after retreating 1.1% across the past two sessions. The benchmark index is coming off a 0.6% slip and is down by 0.4% so far this week. In the U.S., the DJIA was broadly flat, but the S&P 500 slipped 0.2% and the Nasdaq Composite lost 0.7%. Ahead of the open, gold miner Northern Star Resources said it had picked the head of Glencore's nickel and zinc industrial assets to be its next chief executive. (stuart.condie@wsj.com)