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Business

Derek Rose

Australian shares gain ahead of crucial US jobs report

United States Australia Jobs Report Shane Oliver The United States

After the ASX hit near correction levels this week, traders are wondering if the worst is over. (Joel Carrett/AAP PHOTOS)

The local share market has finished higher ahead of a crucial jobs report out of the United States that's likely to set the direction for next week's trading.

The benchmark S&P/ASX200 index on Friday closed up 28.7 points, or 0.41 per cent, to 6,954.2, while the broader All Ordinaries added 25.5 points, or 0.36 per cent, to 7,143.0.

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