The Australian share market has snapped its six-day winning streak after a hotter-than-expected US inflation report reignited talk of interest rates staying higher for longer.
The benchmark S&P/ASX200 index on Friday finished 40 points lower at 7,051.0, a 0.56 per cent drop. The broader All Ordinaries fell 43.9 points, or 0.6 per cent, to 7,243.5.
