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Overseas leads set to buoy local stocks

LOCAL stocks are set for a soft, but higher start to the day after strong leads from the US and European markets, while most commodities took a hit.

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At 8.35am AEDT the early indicator, the SPI 200 Futures index, was up 8.2 points or 0.17% to 4938.4. On Wall Street, the Dow Jones Industrial Average closed 29.97 points or 0.24% higher on 12,318.14,...

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