The local share market has clawed back losses to close marginally higher ahead of a key inflation readout that could determine whether the Reserve Bank cuts interest rates.
After starting the session down as many as 54 points and staying in the red for most of the day, the benchmark S&P/ASX200 index moved into positive territory in the last 40 minutes of trading to finish Tuesday up 6.9 points, or 0.08 per cent, to 8,704.6.
