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With Wall Street up by more than half a per cent at the close of trading, the Australian market has gone 'sideways' - down ten points following the Commonwealth Bank going ex dividend.

The record-shattering surge on Wall Street has left many investors wondering how long it can last. The stock exchange has surged since Donald Trump took office, but some analysts are urging caution

Employment data has been released stating that unemployment figures are out at 5.7% fallen from 5.7% whilst there is a net increase of employment by about 11,800 new jobs.

Westpac Consumer Sentiment results have shown a modest gain in consumer sentiment in February up 2.3% to just below the hundred level.

Local shares have risen for the first time in five sessions today, although Crown stocks remain down following the arrest of several company employees in China.