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ABC News
ABC News
Business
business reporter Samuel Yang and wires

ASX jumps as hopes of easing Fed policy grow — all sectors are in the green

Australian shares have risen sharply, buoyed by miners, as investors found comfort in Wall Street's strong finish following a report that the US Federal Reserve will likely debate a less-aggressive interest rate hike in December.

All three major US stock indexes surged more than 2 per cent, and notched their biggest Friday-to-Friday percentage gains since June, closing the book on a week marked by mixed earnings, soft economic data and political turmoil in Britain.

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