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AAP
AAP
Business
Derek Rose

Aust shares edge lower as losing streak hits five days

US Federal Reserve Jerome Powell Rio Tinto
The Australian share market has crept lower to mark a fifth straight day of losses. (Steven Saphore/AAP PHOTOS)

The local share market has finished slightly lower as its losing streak extended into a fifth straight session, coming close to wiping out its gains for the year.

The benchmark S&P/ASX200 index on Wednesday finished down 6.9 points, or 0.09 per cent, at 7,605.6, while the broader All Ordinaries dropped 1.3 points, or 0.02 per cent, at 7,861.0.

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