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AAP
AAP
Business
Derek Rose

Australian shares dip, snapping six-day winning streak

United States US Federal Reserve Adbri Link Group
Adbri, Link Group, Tabcorp and Neuren Pharmaceuticals shares all soared on Monday. (Steven Saphore/AAP PHOTOS)

The local share market has finished slightly lower, taking a breather from six straight days of gains after a Federal Reserve official played down talk rate cuts could come quickly.

The S&P/ASX200 index on Monday finished down 16.3 points, or 0.22 per cent, to 7,426.4, while the broader All Ordinaries was 12.3 points lower, or 0.16 per cent, to 7,649.6.

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