Many major global equity markets are in the red following the lead from Wall Street. -AAP Image
The Australian share market has suffered its worst week in three months, falling for its third-straight session after global equities sank.
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The benchmark S&P/ASX200 index finished Friday down 41.2 points, or 0.5 per cent, to 8,118.8 - its lowest close in seven weeks.
For the week, the index was 1.13 per cent lower. The bourse has not fallen by as much in the space of a week since August.
The broader All Ordinaries fell 42.4 points, or 0.5 per cent, to 8,379.7.
The Australian dollar was buying 65.75 US cents, from 65.68 US cents at Thursday's ASX close.
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