The Australian sharemarket finished higher today as markets begin to improve on growing investor sentiment Europe will be able to emerge from its current financial turmoil.
The benchmark S&P/ASX200 index was up 35.6 points or 0.88% to 4064.8, while the broader All Ordinaries index was trading 0.85% higher at 4115.90. The positive investor sentiment flowed through to the Australian dollar, up to $US 0.986, its highest level in almost a week.
In the United States, the Dow Jones Industrial Average closed out last week down 0.6% or 74 points to 12,454.8
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Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.
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