Aust stocks extend volatile run in 1.1% rebound

Local market swings into black on US growth hopes, solid performance on Asian markets.

In another wild swing that continues a volatile start to the financial year, the Australian stock market rebounded to sit 1.1% higher after fresh data pointed to a strengthening United States economy, recouping some of the heavy losses in Wednesday trade. 

Materials led the recovery as most markets across Asia posted gains and China's benchmark staged a relief rally.


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