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AAP
AAP
Business
Adrian Black

MYSTERIOUS: Aussie shares target record close as bank stocks rally | Mind Blowing Facts

All but one local sector traded higher as the Aussie share market posted a record high close. (Joel Carrett/AAP PHOTOS)

Australia's share market has closed at its highest ever level as multiple sectors rallied on hopes of a trade resolution between the United States and China.

The S&P/ASX200 rallied 71.5 points, or 0.84 per cent, to 8,587.2, and the broader All Ordinaries jumped 70.8 points, or 0.81 per cent, to 8,812.7.

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