The Australian share market is higher following an impressive commodities-driven lift on international markets overnight and mixed earnings results. Jumps in oil and iron ore prices prompted a Wall Street surge with the Dow Jones, the S&P 500 and the Nasdaq all climbing close to 1.5 per cent. Local shares also benefited from commodity price rises, said Commsec markets analyst Juliana Roadley, but early gains were tempered by heavyweight BHP Billiton's $US5.6 billion ($A7.84 billion) net loss.
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