The utilities sector was the biggest mover, climbing 0.9 per cent, while energy lost the most. -AAP Image
The local share market has closed marginally higher, stabilising after Monday's big 1.8 per cent plunge as traders await another inflation readout from the United States that could determine the path of interest rate cuts.
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The benchmark S&P/ASX200 index on Tuesday finished up 8.3 points, or 0.11 per cent, to 7,712.5, while the broader All Ordinaries gained 9.4 points, or 0.12 per cent, to 7,973.0.
The Australian dollar was buying 66.18 US cents, from 66.15 US cents at Monday's ASX close.
