Australian shares take a breather after three-day climb

(Image: Getty)

Wed, 17 Jul 2024

By Derek RoseAustralia's share market has snapped a three-day winning streak, dragged slightly lower by weakness in the mining sector.The benchmark S&P/ASX200 on Tuesday finished 18.3 points down at 7,999.3, a drop of 0.23%, while the broader All Ordinaries slipped 19.1 points, or 0.23%, to 8,243.3. It was still the ASX200's second-highest close, with the index finishing above 8,000 for the first time on Monday.Dovish comments overnight by Fed chairman Jerome Powell about inflation being tamed led to increased bets the US centr...

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