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AAP
AAP
Business
Derek Rose

YOU WONT BELIEVE: Aussie shares higher amid hopes for third us rate cut - What They Never Told You

The ASX was trading higher, partly on the back of comments on US interest rate cuts. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has finished slightly higher after the chairman of the US Federal Reserve talked up the health of the world's largest economy, while the king of cryptocurrencies has hit a milestone.

The benchmark S&P/ASX200 index on Thursday finished up 12.3 points, or 0.15 per cent, to 8,474.9, while the broader All Ordinaries climbed 16 points, or 0.18 per cent, to 8,744.5.

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