The local share market has closed marginally higher, stabilising after Monday's big 1.8 per cent plunge as traders await another inflation readout from the United States that could determine the path of interest rate cuts.
The benchmark S&P/ASX200 index on Tuesday finished up 8.3 points, or 0.11 per cent, to 7,712.5, while the broader All Ordinaries gained 9.4 points, or 0.12 per cent, to 7,973.0.
