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AAP
AAP
Business
Adrian Black

Australian shares fall as banks, miners weigh

Matt Comyn United States Glencore
Australian shares traded lower in the morning session. (Paul Braven/AAP PHOTOS)

Australia's share market is trading lower, tracking a soft Wall Street session after US banks sold off despite many delivering better-than-expected earnings.

The S&P/ASX200 fell 75.3 points by midday, down 0.84 per cent, to 8709.9, as the broader All Ordinaries lost 71 points, or 0.8 per cent, to 8850.5.

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