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Market wrap

The Australian share market has opened higher after US Federal Reserve chair Janet Yellen made upbeat comments about the American economy.

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Read more: Mr DaghlianUS Federal Reserve chair Janet YellenEconomicsANZAprilBHP BillitonCommonwealth BankCongressDr YellenMedia group FairfaxNABNational Australia Bank sharesQueenslandRail operator AurizonRio TintoSteven DaghlianThursdayUS economyUS equity marketsWednesdayWestpac