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Australian shares rise as U.S. jobs data, stimulus spur global recovery bets


Afterpay top performer on the Australian benchmark index
March 12 (Reuters) - Australian shares gained on Friday as hopes of a strong global economic recovery increased after U.S. jobless claims fell and President Joe Biden signed into law a $1.9 trillion stimulus package.
The S&P/ASX 200 index gained 0.6% to 6,752 by 2308 GMT and was set to post its second consecutive weekly gain.
Biden on Thursday signed into law one of the biggest relief packages in U.S. history, aimed at spurring economic growth, while data showed fewer than expected Americans filed new claims for unemployment benefits last week.
Overnight, the Dow Jones Industrial Average index and the S&P 500 closed at all-time highs. ....

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