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AAP
AAP
Business
Derek Rose

Australian shares slip again with eyes on US rates call

United States Insurance
Australian shares recorded a fifth-straight day of losses as investors remain cautious. (Dean Lewins/AAP PHOTOS)

The local share market has fallen to a more than one-month low after losing ground for a fifth-straight session ahead of the US Federal Reserve's latest decision on interest rates.

The benchmark S&P/ASX200 index on Monday finished down 46.5 points, or 0.56 per cent, to 8,249.5, while the broader All Ordinaries fell 56.3 points, or 0.66 per cent, to 8,494.0.

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