Day traders' after-market lounge July 24

Thanks afternoon crew.

End-of-day summary:

Australian shares fell for the fourth time in five sessions after earnings disappointments from two of the "Magnificent Seven" market leaders dragged on Wall Street futures ahead of tonight's US session.

The ASX 200 eased seven points or 0.1% to 7964. Declines in property trusts, energy producers and supermarkets out-muscled gains in miners and some of the banks.

Positive pre-market leads were overwhelmed by a sharp retreat in US equity futures following trading updates this morning from Google-owner Alphabet and Tesla. S&P 500 futures sank 0.52% by the Australian close. Nasdaq futures slumped almost 0.8%.

The futures slide added to headwinds after a late overnight fade pulled all three US benchmarks narrowly into the red. Index losses ranged from 0.06% for the Nasdaq, up to 0.16% for the S&P 500.