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Better day on the bourse

THE local market is set to open higher today despite mixed overseas leads, as the US released job data and a bailout fund for Europe clears a major hurdle, while the Australian government is set to release its final budget outcome later today.

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The SPI 200 Futures Index was trading 14 points higher at 4020. Wall Street reacted well to the US government’s release of data showing lower than estimated claims for unemployment benefits. Applications...

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