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The Australian share market has fallen for a second day, with nearly every sector in the red despite a positive lead from Wall Street last week.

The benchmark S&P/ASX200 index was down 43.5 points, or 0.65 per cent, to 6,653 points at 1615 AEST on Monday, while the broader All Ordinaries was down 42.6 points, or 0.63 per cent, to 6,746.2.

The Australian dollar, meanwhile, spiked on the release of the Chinese economic data indicated the country’s growth had slowed to 6.2 per cent in the second quarter, its weakest pace in at least 27 years but in line with analyst expectations.

The Aussie dollar is buying 70.30 US cents, from 70.00 US cents on Friday.