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AAP
AAP
Business
Prashant Mehra

US polls, RBA decision weigh on Australian shares

Investors remain cautious ahead of the results of the US presidential election on Wednesday. (Bianca De Marchi/AAP PHOTOS)

The Australian share market has ended lower as investors exercised caution on the eve of a tight US presidential election, while the local central bank's decision to keep rates on hold also weighed on sentiment.

The benchmark S&P/ASX200 index ended 32.8 points, or 0.40 per cent lower, at 8,131.80 on Tuesday, while the broader All Ordinaries finished down 35 points, or 0.42 per cent, at 8,387.80.

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