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Overseas rally sets the tone

A POSITIVE start to the US earnings season has pushed Wall Street and European markets higher while oil helped push commodities higher, signalling a good start for local stocks.

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The early indicator, the SPI Futures Index was up 5 points to 4260 at 6.57am (AEST). On Wall Street the S&P 500 jumped 0.7% or 10.12 points to 1368.71, while the Dow Jones Industrial Average followed...

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