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AAP
AAP
Business
Prashant Mehra

Australian shares extend losses ahead of US data

Mining and financial stocks were among the worst performers on the ASX. (Joel Carrett/AAP PHOTOS)

Australian shares have extended losses for a third straight session, joining a slump across Asian markets as nervous investors turn cautious ahead of key US inflation data that could influence the Federal Reserve's policy easing.

The benchmark S&P/ASX200 ended 62.2 points, or 0.75 per cent, lower on Wednesday, at 8,193.40, while the broader All Ordinaries finished down 64.3 points, or 0.76 per cent, to 8,450.90.

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