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AAP
AAP
Business
Poppy Johnston

Tech fuels shares turnaround amid muted Biden response

Australian shares gained ground on Tuesday to snap a three-day losing streak. (Joel Carrett/AAP PHOTOS)

The Australian share market has broken a three-day losing streak led by technology stocks, as Democrats rallied behind Vice President Kamala Harris and cemented her as the favourite to secure nomination in the US election.

The benchmark S&P/ASX200 index on Tuesday unwound the previous day's losses to finish up 39.4 points, or 0.5 per cent, to 7,971.1 points, while the broader All Ordinaries climbed 42.2 points, or 0.5 per cent, to 8,208.6 points.

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