Australia’s share market has closer lower and all sectors were down, after seven consecutive sessions of gains.
The S&P/ASX200 benchmark index closed lower by 45.4 points, or 0.67 per cent, to 6683.1 on Thursday.
The All Ordinaries closed lower by 48.3 points, or 0.69 per cent, to 6917.1.
The materials sector fell by 0.77 per cent, while there were also notable losses for healthcare (0.98 per cent) and industrials (0.99) per cent.
Information technology had the greatest decline, 2.09 per cent.
Earlier US markets closed lower after Senate Majority Leader Mitch McConnell did not deliver the news investors wanted of a government relief package to help the coronavirus-battered economy.
Mr McConnell said Congress was still looking for a path toward agreement on COVID-19 aid.
The Aussie dollar was buying 74.77 US cents at 1621 AEDT, higher from 74.38 US cents at Wednesday’s close.