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AAP
AAP
Business
Esther Linder

Inflation news, unemployment data prompt stock rise

United States Inflation Kyle Rodda IG US Federal Reserve
Property, materials and financials were among the broader gains across the ASX on a strong day. (Steven Saphore/AAP PHOTOS)

The Australian share market enjoyed a day of strong gains following mixed labour force data and positive inflation news from the US. 

The benchmark S&P/ASX200 closed on Thursday up 127.6 points, or 1.7 per cent, to a six-week high of 7,881.3, while the broader All Ordinaries was up 129.2 points, or 1.6 per cent, to 8,150.1.

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