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Economics

Market Wrap PM

The Australian share market has opened higher after the US Federal Reserve surprised investors by deciding to continue with its $US85 billion-a-month stimulus scheme.

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Read more: US Federal Reserve,  August 2,  Oroton shares,  Economics,  All Ordinaries,  ANZ,  BHP,  Brickworks,  Commonwealth Bank,  Dow Jones Industrial Average,  Fed,  Fortescue Metals Group,  IG market analyst Chris Weston,  Market Wrap PM,  National Australia Bank,  Rio Tinto,  S&P 500,  Telstra,  Thursday,  Wall Street,  Westpac