Aust stocks break 5500 mark

The Australian sharemarket has pushed past the key psychological threshold of 5,500 points in early trade, hitting its highest intraday level since 2008

The Australian sharemarket has pushed past the key psychological threshold of 5,500 points in early trade, hitting its highest intraday level since 2008.

The boost follows a surge on Wall Street led by tech stocks after US Federal Reserve minutes showed no support for an early rise in interest rates.

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