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S&P/ASX 200 hits six-month high on easing global growth concerns

Recent economic data from China and the US have seen better than expected results.

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Miners performed well today with BHP Group (AS:BHP) rising 2.2%

S&P/ASX 200 (INDEXASX:XJO) has climbed for a seventh straight session on easing global growth concerns, closing 42.6 points or 0.68% higher at 6285 points.

Recent economic data from China and the US have seen better than expected results while US-China trade tensions are easing and moving towards a possible deal.

Miners performed well today with BHP Group (AS:BHP) rising 2.2% to $39.91 and Rio Tinto (ASX:RIO) gaining 1.9% to $100.32.

Energy sector closes in negative territory

The energy sector was the only sector to close in negative territory. Beach Energy (ASX:BPT) shares fell by 1.9% while Santos (ASX:STO) lost 0.4%.

2.4 billion shares worth $6.1 billion were traded today with 586 stocks ending higher, 542 lower and 408 unchanged.

In upcoming economic news, the ADP employment survey together with the ISM services index will be released in the US.

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