AAP

The Australian share market has reclaimed more of its midweek losses, closing higher hours before a make-or-break US jobs report that could determine the path of interest rates for the rest of the year.

The ASX200 has recorded a modest bounce but the energy sector has closed down as oil prices dropped under $US74 a barrel.

Former Labor leader Bill Shorten will retire from politics after almost two-decades to take up a position at the University of Canberra.

US stocks have closed mostly lower as investors digested employment data for its implications for the country's economy.

The ASX200 finished down 0.1 per cent, while the Australian dollar dropped to an 11-day low against its US counterpart.

US stocks have closed higher as investors digested data from a key inflation report.

US stocks have closed mixed as investors digested results from artificial intelligence chip maker Nvidia.

Qantas Group says it made $1.25 billion in profit in 2023/24, down 28 per cent from last year, but its on-time performance and customer approval levels rose.

The ASX200 finished 0.2 points higher after being down as many as 62 points in morning trading, while the Australian dollar briefly traded over 68 US cents.