End-of-day summary:
The share market closed at a fresh seven-month low as declining US stock futures discouraged buyers from following positive overnight leads.
The ASX 200 swung from a 35-point mid-morning gain to a loss of 37 points or 0.48%. Today's fade continued a dismal run that has seen the index decline more than 800 points or 10% in the last month as US tariff hikes threatened global growth. The local market has managed just four positive sessions in the last 19.
The heavily-weighted financial sector posted its lowest close since October. Other significant drags included BHP, Coles and Wesfarmers.
A 0.45% slump in S&P 500 futures took some of the shine off the index's 0.49% overnight bounce.
