The Australian share market reached a five-month high on Wednesday, crossing the nine thousand point mark for the first time since April. Softer-than-expected inflation data drove a strong rally, with all eleven sectors improving. Healthcare led gains while consumer discretionary recovered. Rio Tinto released half-year results ahead of August earnings season. Key catalysts ahead include the US Federal Reserve decision and major tech earnings from Microsoft, Meta, Apple and Amazon.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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