Markets have clocked a buoyant end to the week after rallies in the US and China. -AAP Image
Australia's share market has clawed back most of the week's losses, as materials and banks rallied to help end the week on a high.
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The S&P/ASX200 rebounded 59.9 points, or 0.68 per cent, to 8,864.9, as the broader All Ordinaries jumped 57.2 points, or 0.63 per cent, to 9,128.6.
The top-200 finished the week roughly six points lower, or less than 0.1 per cent.
The Friday lift came after Wall Street's three main indices hit record highs overnight as subdued US August inflation figures cemented expectations for a 25 basis points rate cut on September 17.
Six of 11 local sectors finished the day in the green, led by financials (up 1.1 per cent) materials (up 1.5 per cent), and real estate stocks (up 1.4 per cent), as energy stocks slipped 2.4 per cent after demand concerns snapped a three-day oil price winning streak.
The Australian dollar is buying a 10-month high of 66.59 US cents, up from 66.12 US cents on Thursday at 5pm.
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