Aust stocks open higher

Local market rallies in early trade after upbeat jobs data pushes Wall Street to new highs.

The Australian sharemarket opened more than half a per cent stronger following gains on Wall Street where both the Dow Jones and the S&P 500 reached record highs for a third straight session.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index rose 34.5 points, or 0.63%, to 5,525.7 points, while the broader All Ordinaries index gained 33.4 points, or 0.61%, at 5,512.9 points.


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