As it happened: Global relief rally lifts share market 1.1%, ASIC slams ASX for latest outage - Sydney Morning Herald

The ASX 200 soared 1.6% in early trade to a one-month high of 7296.8 before closing 1.1% higher at 7250.8 after the US Fed lifted rates 0.25% and said a recession is unlikely.

The Australian sharemarket finished up more than 1 per cent for a second straight day as part of a global rally as fears eased about US Federal Reserve monetary tightening and a slowdown in China. … [+2580 chars]

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