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ABC News
ABC News
Business
business reporter Michael Janda and wires

ASX falls as share rally fades, economists bake in RBA interest rate rise on Tuesday

Jerome Powell Tapas Strickland NAB OPEC

Australia's share market has followed a subdued lead from Wall Street, closing down as investors took stock after yesterday's strong rally.

The benchmark ASX 200 index ended down 0.7 per cent at 7,301, while the broader All Ordinaries was off by the same percentage to finish the week at 7,504 points.

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