The Australian share market recovered ground from an early-session plunge but still finished the day lower after US recession fears and a Wall St sell-off sent investors ducking for cover.
The benchmark S&P/ASX200 index dropped as much as 1.78 per cent in early trading but ultimately closed 72.2 points, or 0.91 per cent lower, to 7890.1, as the All Ordinaries fell 88.3 points, or 1.08 per cent, to 8103.4.
