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ASX hits 4600 points

AUSTRALIAN stocks soared to fresh 17-month highs today after taking cues from a positive session on Wall Street, with sentiment rising on the back of progress over US fiscal cliff talks.

Lauren Barrett

Shares opened higher after investors reacted positively to news that headway was being made to resolve the so-called fiscal cliff. The S&P/ASX 200 index reached an intraday high of 4610.2 points before...

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