Australian Associated Press: Aust stocks follow US up to snap four-day losing streak
Australian Associated Press: Aust stocks follow US up to snap four-day losing streak The Australian share market is on track to arrest a four-day slide, lifted by a rising tide from the US. At noon AEST on Tuesday, the benchmark S&P/ASX index was up 67.9 points, or 0.97 per cent, to 7071.9, while the broader All Ordinaries was up 70.7 points, or 0.98 per cent, to 7277.6. Corpay Cross-Border Solutions' Currency Strategist for the APAC market, Peter Dragicevich, shared that US CPI figures could undershoot expectations, leading to an increased chance the Federal Reserve will stop raising rates sooner. Read more here: https://au.finance.yahoo.com/news/aust-shares-us-snap-four-025507484.html?guccounter=1