The local share market has finished the day and the week down ahead of a monthly US jobs report. -AAP Image
The local share market has finished lower for both the day and the week ahead of a monthly US jobs report that could determine whether the Federal Reserve cuts interest rates again.
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The benchmark S&P/ASX200 index on Friday dropped 54 points, or 0.64 per cent, to 8,420.9 while the broader All Ordinaries fell 55.2 points, or 0.63 per cent, to 8,689.3.
The ASX200 lost 15 points, or 0.18 per cent, for the week, snapping its two-week winning streak despite setting a record high on Tuesday.
In currency, the Australian dollar had slipped further against its US counterpart, buying 64.29 US cents, from 64.37 US cents at Thursday's ASX close.
The Aussie traded at less than 64.50 US cents for a week in April but otherwise has not dipped below that level since November 2023.
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