Aust stocks lift at noon

Local market follows Wall St leads, gains ahead of US Federal Reserve meeting.

The Australian stock market is slightly higher at noon, following Wall Street gains as investors eye the United States Federal Reserve's policy meeting, which may provide clues about when it will reduce its stimulus measures.

At 1205 AEDT, the benchmark S&P/ASX200 index lifted 0.35% to 5,434.3 points, while the broader All Ordinaries index added 0.34% to 5,429.3  points.

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