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AAP
AAP
Business
Adrian Black

Australian shares edge higher, unemployment steady

Unemployment United States Bitcoin Xero
The Australian share market bounced back with moderate gains, while unemployment remained steady. (James Gourley/AAP PHOTOS)

The Australian share market is on track to break a three-day losing streak, following modest gains on Wall Street after US inflation data printed in-line with expectations.

At midday AEDT on Thursday, the benchmark S&P/ASX200 index was up 41.8 points, or 0.51 per cent, to 8232.3, while the broader All Ordinaries was down 36.7 points, or 0.43 per cent, to 8485.4. 

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