Aust stocks flat at noon

Local market recovers morning losses as speculation swirls around US debt talks.

The Australian stock market recovered morning losses to sit flat at noon as speculation mounts a possible deal to end the United States debt ceiling crisis may be imminent.

At 1205 AEDT, the benchmark S&P/ASX200 index inched up 0.17% to 5,268.3 points, while the broader All Ordinaries index edged up 0.17% to 5,268.1 points.

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