Local stocks open higher

The local market opened higher after a stronger performance on Wall Street.

The Australian stock market opened modestly higher after Wall Street finished mostly stronger and the S&P 500 hit a record high on news of a deal to end the political impasse in Washington.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index 0.39 per cent higher at 5,303.7 points, while the broader All Ordinaries index increased 0.39 per cent to 5,302.5 points.

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