Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Derek Rose

Australian shares gain ground as US inflation cools

Australian investors have reacted favourably to United States inflation data. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has rebounded from its two-day sell-off as cooling US inflation outweighed somewhat hawkish predictions by the US Federal Reserve.

The benchmark S&P/ASX200 index on Thursday finished up 34.2 points, or 0.44 per cent, to 7,749.7 while the broader All Ordinaries gained 39.4 points, or 0.49 per cent, to 8,002.5.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.