Australian Market Report of June 26: Wall Street Shrugged Off Higher Jobless Data

  Sydney, Australia, June 26, 2009 - (ABN Newswire) - US stocks posted strong gains despite data showing that the number of workers filing claims for unemployment benefits increased in the week ended June 20. Investors were inspired as a series of positive earnings results were released and the Federal Reserve Chairman Ben Bernanke withstood questioning over the rescue of Merrill Lynch and Bank of America.  

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