Aussie shares rally to 100-day high, near all-time peak

The ASX had a good day yesterday. (Image: Supplied)

Fri, 12 Jul 2024

By Derek RoseThe ASX200 has finished up 0.9 per cent to nudge an all-time high following further dovish testimony by Federal Reserve chairman Jerome Powell.The share market has finally joined a global risk-on rally, climbing to its highest intraday level in 100 days and finishing within a whisker of its highest-ever close.The benchmark S&P/ASX200 index on Thursday gained 72.8 points, or 0.93 per cent, at 7,889.6, less than eight points shy of its record closing high of 7,896.8 set on March 28.The broader All Ordinaries gained 75.1 points, o...

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