The Australia share market has suffered its biggest loss in three weeks after a blockbuster US jobs report led to a rethink on how quickly the Federal Reserve would act to cut interest rates.
The benchmark S&P/ASX200 index dropped for a third-straight session on Monday, falling 102.2 points, or 1.23 per cent, to 8,191.9, while the broader All Ordinaries fell 111.8 points, or 1.31 per cent, to 8,431.9.
