Australian shares have risen after a court's rejection of US Liberation Day tariffs. -AAP Image
The Australian share market has pushed higher alongside its counterparts in Asia after a US trade court blocked President Donald Trump's Liberation Day tariffs.
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The S&P/ASX200 seesawed on Thursday but gained 18.3 points, or 0.22 per cent, to 8,415.2, while the broader All Ordinaries rose 18 points, or 0.21 per cent, to 8,642.9.
Stock indexes in Asia rallied after the US tariff decision, with the Nikkei up 1.9 per cent, Hong Kong's Hang Seng rising 0.9 per cent and South Korea's KOSPI surging 1.8 per cent.
Energy stocks led seven of 11 local sectors higher as oil surged on hopes of open trade volumes, while real estate and materials stocks weighed.
The Australian dollar is buying 64.19 US cents, down but holding relatively strong compared to 64.31 US cents on Wednesday, as the trade news strengthened the greenback against major currencies.
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