Australian Market Report of July 17: Recession to End This Year

  Sydney, Australia, July 17, 2009 - (ABN Newswire) - US stocks rallied for a fourth day as economist Nouriel Roubini said the economy will recover by the end of this year. Australian shares yesterday gained on the rise of Wall Street. The benchmark S & amp;P/ASX200 gained 71.1 points, or 1.8 per cent, at 3995.6, while the broader All Ordinaries had gained 70.3 points, or 1.8 per cent, to 3987.8.  

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