Thanks afternoon crew.
End-of-day summary:
The share market eased for the third time in four sessions, retreating with US stock futures after President Donald Trump left the G7 Summit early and Israel's ambassador to the US promised a "surprise" later this week in its conflict with Iran.
The ASX 200 declined seven points or 0.08%. Banks, utilities and retailers accounted for much of the weakness. Gold miners, REITs and tech companies resisted the selldown.
US stock futures declined as Trump left the G7 summit in Canada and assembled his National Security Council in Washington. Separately, Israel's ambassador to the US, Yechiel Leiter, hinted that the conflict will escalate this week.
“You're going to see some surprises on Thursday night and Friday,” Leiter told a reporter. “Let’s just say the world will understand how serious we are about stopping Iran’s capabilities — and not just in Gaza or southern Lebanon,” he added.
S&P 500 futures were down 0.42% at the Australian market close.
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