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Australian sharemarket breaks stellar, five-day winning streak, follows negative overseas leads – NEWS.com.au

Australian sharemarket breaks stellar, five-day winning streak, follows negative overseas leads

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The Australian sharemarket snapped its record-breaking run to close substantially lower after slumping in afternoon trade.The S&P/ASX200 finished 0.68 per cent weaker at 7017.8 on Tuesday while the All Ordinaries Index fell 0.63 per cent to 7282.1.
After breaking closing records twice last week – eclipsing February 2020 highs – the All Ords climbed to a fresh peak of 7328 on Monday.
The local bourse then had its first decline in six sessions, following losses on US and European markets overnight.

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