Aust stocks open stronger
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The Australian stock market pushed more than half a per cent higher after a positive lead from Wall Street which withstood a poor durable goods report and a disappointing outlook from Apple that pushed the Nasdaq into the red.
At the 1015 AEDT official market open, the benchmark S&P/ASX200 index was rose 0.57% to 5,204.5 points, while the broader broader All Ordinaries index lifted 0.58% to 5,217.9 points.
In equities news, Atlas Iron is expected to post its quarterly production report.
In Australia, the market on Tuesday clawed back some of its earlier losses but still closed lower on the back of investor concern over emerging markets.
The benchmark S&P/ASX200 index was down 65.8 points, or 1.26%, at 5,175.1 points.
The broader All Ordinaries index was off 66.3 points, or 1.26%, at 5,188.0 points.
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