Aust stocks close higher

Local market lifts after dovish talk in the US encourages investors around the world.

The Australian stock market has closed nearly 1% higher after more dovish talk in the United States pushed the Dow Jones Industrial Average to a record close.

At the 1615 AEDT official market close, the benchmark S&P/ASX200 index added 0.9% to 5,335.9 points, while the broader All Ordinaries index increased 0.87% to 5,330.3 points.

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